You Are an IT Project Manager for an Advertising Firm

question 60

Multiple Choice

You are an IT project manager for an advertising firm.The firm wishes to create an online tool that will be used to survey focus group reactions to products in development.The most important consideration for the firm is being able to offer the tool as soon as possible as a new corporate service.However,you know that many of the senior managers that are business owners of this project have difficulty in understanding technical or software development issues,and are likely to change their requirements during the course of development.What development method would be most successful for this project?

• A)RAD
• B)JAD
• C)end-user development
• D)prototyping
• E)traditional

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Definitions:

Mini-Dow Futures

A futures contract that represents a fraction of the value of standard Dow Jones Industrial Average futures, allowing for investment with a smaller capital outlay.

Listed Price

The price at which a security is listed for trading on a stock exchange.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.

Hedge Ratio

The hedge ratio is a financial ratio that compares the value of a position protected through hedging with the size of the entire position itself.