Question: What is the difference between programs and portfolios? A.) A program is a group of related projects managed in a coordinated way to obtain benefits

What is the difference between programs and portfolios?

A.) A program is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Portfolios are projects, programs, and operations managed as a group to achieve strategic objective

B.) Programs are projects that are established by the PMO office, while portfolios are established by the C-suite officers in coordination with the company board of directors

C.) A portfolio is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Programs are projects, programs, and operations managed as a group to achieve strategic objectives

D.) Programs are unrelated projects managed together to obtain strategic value. Portfolios are related programs managed to obtain benefits that would benefit from being managed as a group

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Which of the following options correctly distinguishes between a project, program, and a portfolio? Which of the following options correctly distinguishes between a project, program, and a portfolio?...

In a mature organization, projects are clustered in programs (and portfolios) to ensure that strategic goals are met efficiently. Organizing the projects into programs (and portfolios) allow the...

In a mature organization, projects are clustered in programs (and portfolios) to ensure that strategic goals are met efciently. Organizing the projects into programs (and portfolios) allow the...

Which of the following statements are true: A. A project is a temporary endeavor undertaken to create a unique product, service, or result B. A program is a group of related projects managed in a...

Read at least two of the first five references cited at the end of Chapter 1 with statistics about the importance of IT and project management. Which information is most exciting and intriguing to...

Multiple Choice questions 1- How is project scope defined? A) The length of your project and how much it will cost B) The deliverables or outputs during the course of the project C) The range of...

6 - A project is: A . A group of related projects managed in a coordinated way to obtain the benefits and control not available from managing them individually. B . A temporary endeavor was...

3 3 ' Fill in the blanks: A is a group of related projects managed in a coordinated manner to obtain benefits not available by managing them individually. 1 1 . You are a portfolio manager in your...

George is single and has adjusted gross income of $37,000. He discovers termites in the basement of his house and pays $6,200 to fix the damage. His insurance company will not reimburse him for the...

What are pay grades and ranges?

SheffieldSheffield Company manufactures power tools. The Electric Drill Division ( an investment center ) can purchase the motors for the drills from the Motor Division ( another investment center )...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...