Question 1

Select all that apply.

What statements about the relationship between projects, programs, and portfolios are true?

Select one or more:

a. Strategic plans at the portfolio level dictate, which programs and projects will be approved or rejected

b. Projects are prioritized at the portfolio level, which impact the funds and resources that will be made available to them

c. Changes occurring in projects are communicated back to the portfolio managers and can impact strategic planning for the organization

d. All projects and programs within a portfolio are related either geographically or in terms of functional area

e. Portfolios are the only way to manage the ongoing work needed to support various projects and programs

Question 2

Select all that apply.

What examples illustrate project, rather than operational work?

Select one or more:

a. Constructing a new building

b. Preparing meals at a restaurant

c. Completing nightly closing procedures at an office

d. Designing an improved software application

e. Designing a new line of clothing

Question 3

Select all that apply.

What are the fundamental responsibilities of a project manager?

Select one or more:

a. To accomplish a project's objectives

b. To balance the competing demands of budget, schedule, quality, and scope

c. To balance stakeholders' expectations

d. To update project plans throughout the project

e. To draw up a complete project budget

f. To ensure that no changes are made to the project plan without the consent of the executive stakeholders