Reference no: EM131382442
Read the below 10 questions and answer in brief atleast 25 words
1) The three keys to effective portfolio management are having project leaders with full authority, having a competitive product advantage, and leveraging core competencies.
2) Faster, better, cheaper" is the ONLY way to ensure your firm does not fall into a resource crunch.
3) In designing a single system that integrates many activities, is multifunctional, and fosters a cross-functional team approach, the first
requirement is that it must be systematic - like a road map that divides organizational or functional boundaries and forces active participation from those various functions.
4) In order to have effective executive leadership in innovation, senior management MUST be involved in day-to-day project management.
5) Profitability is defined by ECV, ECV PI, and ROI, in that with a low ECV, the return on investment is high, and managers should elect to spend money on that specific project
6) In order to calculate the NPV PI, the inputs required are: the present value of future earnings; development cost; and capital cost. The PI is then the ratio of NPV to the constrained resource
7) The process outlined in the diagram below is in place in order to determine the present value of future earnings, and requires the expected value before commercialization to be added to the expected value before commercialization, less the sum of the expected values in development and before launch.
ECV Block
8) A bubble diagram is a tool used by management in order to measure the sensitivity of a financial analysis with changes in discount rates, revenues, and profit margins.
9)In order to make proper investment decisions, the best innovators use an average of 2.4 portfolio management tools, comprised of tactical and strategic methods.
10) Stage-Gate® , an idea-to-launch system, is an example of the type of system that is required in order to achieve success in today's market that, like American football, is comprised of a series of huddles and plays.