7 Questions
What is the main purpose of project portfolio management?
To collect and manage information about all projects
Which software options are mentioned for project portfolio management?
ProSight and Project.net
What are some ways to classify projects?
Size, cost, and purpose
What is the role of project managers in project portfolio management?
To coordinate and control all projects
What does SDLC stand for?
System Development Life Cycle
Which project methodology options are mentioned?
Waterfall and V-model
What is the special feature of RAD methodology?
It incorporates special techniques and tools to get a portion of the system developed quickly
Study Notes
- Organizations have limited resources for multiple IT projects.
- Project portfolio management is critical for success.
- Primavera systems’ ProSight and Project.net are software options.
- Project selection should be evaluated in the context of the entire portfolio.
- Ways to classify projects include size, cost, purpose, length, risk, scope, and economic value.
- Project portfolio management software collects and manages information about all projects.
- Project managers make decisions and coordinate and control the project.
- The SDLC provides the foundation for implementing an information system.
- Waterfall, V-model, and RAD are project methodology options.
- RAD incorporates special techniques and tools to get a portion of the system developed quickly.
Test your knowledge of project portfolio management with this quiz! Learn about software options, project selection strategies, and classification methods. Explore the role of project managers and project methodologies such as SDLC, Waterfall, V-model, and RAD. Whether you're an IT professional or simply interested in project management, this quiz will challenge your understanding of these important concepts. Don't miss out on this opportunity to expand your knowledge!
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