MKT 100 Lecture Notes - Lecture 12: Work Breakdown Structure, Project Management Software, Gantt Chart

• School: Ryerson University
• Department: Marketing
• Course: MKT 100
• Professor: Marla Spergel

Document Summary

Indicate whether the statement is true or false. Circle "a" if the statement is true and "b" for false. ___: projects are never initiated to solve immediate business problems. ___: the most critical element in the success of a system development project is user involvement. ___: a work breakdown structure (wbs) is simply a list of all the required individual activities and tasks for the project. ___: slack time is the amount of time a task can be delayed without affecting the project schedule. ___: feasibility analysis attempts to identify all the risks of failure. ___: project management is a support discipline, and therefore is not critical to system development. ___: historically, the success rate of system development projects has been very high. A project manager has both internal and external responsibilities. Economic feasibility asks whether the anticipated benefits are greater than the projected costs to develop the information system.