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True or False: Strategic Planning is an important part of Portfolio Management.
What is the first step in setting Strategic Direction?
What is Strategic Analysis?
What does SWOT stand for?
Which parts of SWOT are internal?
Which parts of SWOT are external?
What is the 2nd step in setting Strategic Direction?
Define what a company's Vision should achieve.
The Mission Statement includes:
Describe Strategic Objectives.
What are SMART objectives?
True or False: Companies that use a strategic project selection process to carefully align projects with their organizational goals tend to be more successful at completing their projects.
What are the 4 classifications that organizations use to understand how work is related?
A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives is called...
To achieve balance in their portfolios an organization includes these types of projects:
True or False: A portfolio is a group of related projects managed in a coordinated way to obtain benefits and control not available to managing them individually
What is the difference between a project manager and a program manager?
Name 2 typical reasons for project failure.
True or False: By carefully aligning potential projects with the parent organization's goals is one way to overcome typical reasons for project failure.
What are the 2 steps for aligning projects within the organization?
What is a Statement of Work?
What is the purpose of a business case?
What is a business case?
True or False: It is much easier to prioritize potential projects when the overall organizational priorities are understood, agreed upon, and communicated.
What does NPV stand for?
What does BCR stand for?
What are the 4 financial models that can be used to select projects?
What are the steps a leadership team would use when selecting projects by using a scoring model?
The 4 steps to securing projects are...
