Podcast
Questions and Answers
What is the main purpose of Project Portfolio Management (PPM)?
What is the main purpose of Project Portfolio Management (PPM)?
- To oversee individual project tasks
- To manage stakeholder communication
- To prioritize resource allocation and project acceptance (correct)
- To conduct market research for new projects
Which aspect is not a key aspect of Project Portfolio Management (PPM)?
Which aspect is not a key aspect of Project Portfolio Management (PPM)?
- Project portfolio definition
- Project portfolio execution (correct)
- Project portfolio optimization
- Project portfolio management
What does Project Portfolio Management (PPM) provide an overview of?
What does Project Portfolio Management (PPM) provide an overview of?
- The financial performance of individual projects
- The legal compliance of existing projects
- The marketing strategies for new projects
- All the projects an organization is undertaking or considering (correct)
Flashcards
PPM Main Purpose
PPM Main Purpose
To prioritize how resources are allocated and which projects are accepted.
PPM: Not Execution!
PPM: Not Execution!
Project Portfolio Management focuses on strategy and oversight, not the everyday tasks to execute a project.
What PPM Provides
What PPM Provides
PPM offers a complete view of all current and potential projects within an organization.
