Project Optimization Types Quiz

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Questions and Answers

What is the focus of Cost-Value Optimization?

  • Balancing the budget across different project categories
  • Delivering the biggest value from the project portfolio within the budget (correct)
  • Minimizing the budget for each project
  • Maximizing the number of projects within a limited budget

What does Work Type Optimization assess?

  • Resources utilization of each project member for each project
  • Fluctuation of resource utilization throughout the year
  • Minimum and maximum levels of investment per project or project category (correct)
  • Human resource capacity of the project organization

What is the primary focus of Resource Optimization?

  • Maximizing the number of projects within a limited budget
  • Assessing the resources utilization of each project member for each project (correct)
  • Delivering the biggest value from the project portfolio within the budget
  • Balancing the budget across different project categories

What enables the definition of investment ranges for project categories in Work Type Optimization?

<p>Assessment of minimum and maximum levels of investment per project or project category (A)</p>
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What does Cost-Value Optimization aim to create?

<p>A mix of projects that can deliver the highest value with the same level of budget (D)</p>
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