The project portfolio (check all that apply)
A) Assures that projects and programs align with strategic objectives.
B) Screens and selects projects to achieve strategic objectives within risk and resource limits.
C) Meets with project and program stakeholders to determine their needs
D) Prioritizes programs and projects based upon contribution to strategic objectives, resource requirements, and risks.
E) Works with project managers in setting project plans and budgets.
F) Tries to exploit synergies among programs and projects in a portfolio and to balance them in terms of risk, size, duration, focus, etc.
G) Monitors, reviews, and reassess projects and programs in the portfolio at phase gates for business impact.
H) Reports assessment results and recommendations to project managers.

Question

Quizplus · Accepted Answer

Project portfolio management involves aligning projects and programs with strategic objectives (A), selecting projects to achieve these objectives within certain constraints (B), prioritizing them based on their strategic contribution and other factors (D), exploiting synergies and balancing the portfolio (F), and monitoring and reassessing the projects and programs for their impact on the business (G).

The Project Portfolio (Check All That Apply)