18 Questions
What is the end result or consequence of a process or a project in project management?
Outcome
In project management, which component creates the deliverables used to produce outcomes?
Projects
What are gains realized by an organization as a result of project outcomes in project management?
Benefits
Which part of an organization's environment is subject to policies, procedures, and governance structures in project management?
Internal Environment
What does focusing on outcomes, choices, and decisions emphasize in project management?
Long-range performance
Which component in a value delivery system is responsible for creating deliverables used to produce outcomes in project management?
Operations
What does the approach of 'Project management within a product life cycle' oversee?
Development and maturing of product capabilities
In a very large or long-running product, what may be complex enough to merit a set of programs and projects working together?
One or more product life cycle phases
What does the 'Product management within a program' approach apply within the purview and boundaries of a given program?
The full product life cycle
Which component in product management incorporates related projects, subsidiary programs, and program activities?
Program management within a product life cycle
What does the 'Portfolio governance' charter individual projects to do?
Enhancements and improvements
In project management, what may be chartered by portfolio governance to perform enhancements or produce unique outcomes?
Projects only
What is the main purpose of creating a new product, service, or result in project management?
Meeting the needs of customers and end users
How do portfolios, programs, and projects together create value in project management?
By aligning with the organization's strategy
How can operations contribute to the delivery of value in project management?
By directly supporting and influencing portfolios, programs, and projects
What role do stand-alone projects play in the system for delivering value?
They can be independent of portfolios or programs
In project management, what do portfolios, programs, and projects influence besides each other?
Other business functions like supply chain management
What is one of the key aspects involved in creating positive social or environmental contributions through projects?
Improving efficiency and effectiveness
Test your knowledge on the Product Life Cycle phases, including Introduction, Growth, Maturity, and Decline/Retirement. Explore topics related to portfolio governance, program management, and project impacts.
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