Advantages of Project Management and Portfolio Management Quiz
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Questions and Answers

According to the CHAOS report, what percentage of IT projects were successful in meeting scope, time, and cost goals?

  • 25%
  • 16.2% (correct)
  • 10%
  • 50%

    • What is one advantage of Formal Project Management?

  • Improved customer relations
  • Better control of resources (correct)
  • Lower costs
  • Shorter development times

    • What do Portfolio Managers help organizations with?

  • Making wise decisions (correct)
  • Increasing profit margins
  • Improving internal coordination
  • Enhancing worker morale

    • What are the attributes of a project?

    <p>Unique purpose, temporary, developed using progressive elaboration, has resources</p> Signup and view all the answers

    What drives projects according to Robert Butrick?

    <p>Strategy</p> Signup and view all the answers

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