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1. Implementation of a successful Project Portfolio Management process requires:
A: considerable financial resources, but the return on financial investment can, over time, offset the expenses incurredB: a large commitment from management for additional staff and software.C: an overhaul in the handling of projects and initiatives of the business, but relatively modest expenditures for staff development and supporting softwareD: virtually no changes in current practices while offering immediate benefits
2. Many companies struggle with where the PPM should reside within the organization. Which of these questions should senior leaders not be concerned with asking when making the decision of where to place PPM in an organizational structure?
A: Which functional group is the largest in size?B: How will the process and procedures be aligned?C: If there are several PPMs, will there be a corporate one?D: Will PPM be used for only enterprise projects?
3. Which of the following is a step in the directing process?
A: SUPERVISINGB: MEASUINGC: EVALUATINGD: CORRECTING
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