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?

  • 16.2% (correct)
  • 5%
  • 25%
  • 50%

    • What is the main advantage of Formal Project Management?

  • Higher worker morale
  • Lower costs
  • Better control of resources (correct)
  • Improved customer relations

    • What is the role of Portfolio Managers in organizations?

  • Increase profit margins
  • Improve customer relations
  • Help organizations make wise decisions (correct)
  • Shorten development times

    • What is a project?

    <p>A temporary endeavor undertaken to create a unique product, service, or result</p> Signup and view all the answers

    What are the attributes of a project?

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

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