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</p> Signup and view all the answers

    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</p> Signup and view all the answers

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