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 (C)</p> Signup and view all the answers

What drives projects according to Robert Butrick?

<p>Strategy (C)</p> Signup and view all the answers

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