Pass Using CITM-001 Exam Dumps

Development cost is the type of cost that is considered as actual costs of analysis, design, and installation for the system. Development cost includes the expenses incurred during the planning, designing, building, testing, and deploying of a system. Development cost is usually estimated before the start of a project and is used to measure the feasibility and profitability of a system. Development cost is also used to monitor the progress and performance of a project and to control the scope and quality of a system. References: CITM Course Outline, Module 4, Corporate IT Strategy, page 9. CITM Training Course, Cost, page 14. CITM Certification Overview, Exam Information, Course Outline, Module 4.

 Classes are a representation of some real-world thing and a number of specific instances of that thing. Classes define the common characteristics and behaviors of a group of objects, such as properties, methods, and events. Objects are individual instances of classes that can have different values for the properties and variables defined by the class. Procedures are blocks of code that perform a specific task or function. Links are connections between objects that allow communication and interaction. References: Objects and Classes – Programming Fundamentals, Objects and classes - Visual Basic, Object-Oriented Programming: Objects, Classes & Methods

An analytic decision maker looks for quantitative information, or data that can be counted or measured in numerical values. An analytic decision maker uses logic, facts, and statistics to make decisions, and prefers objective and structured data. A heuristic decision maker, on the other hand, looks for qualitative information, or data that is descriptive and not expressed numerically. A heuristic decision maker uses intuition, experience, and judgment to make decisions, and prefers subjective and unstructured data. References: CITM Study Guide, page 8, section 2.3; What is Quantitative Data?, paragraph 2.

Information can be defined as data that has been processed or organized in a meaningful way that reduces uncertainty. Information can be either tangible or intangible, depending on whether it has a physical form or not. For example, a printed report is tangible information, while an email is intangible information. Information can also be static or dynamic, depending on whether it changes over time or not. For example, a historical record is static information, while a stock price is dynamic information. However, the question asks for the two entities that define information, not the two attributes that describe information. Therefore, the correct answer is A and B, tangible and intangible. References: Sample Exam - GAQM, page 2, question 6.