Exam 3: Project Selection and Portfolio Management

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The efficient frontier in a profile model is the set of options that offers a maximum return for a given level of risk or a minimum risk for every level of return.

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The ________ screening method may arrive at multiple solutions,which is one reason it is used less widely than the net present value technique.

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The Analytical Hierarchy Process elegantly addresses scaling issues in criteria and negative utility in alternative scores.

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What are three keys to success for project portfolio management? Which is most important?

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Souder's project screening criterion that indicates an effective model must reflect organization objectives,including a firm's strategic goals and mission is called:

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Which statement about the Analytical Hierarchy Process is FALSE?

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A principal cause of project portfolio underperformance is lack of ________.

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What criteria might be employed to prioritize projects in a project portfolio? Choose any example project from recent business news and deduce which criteria were most important to the company in question.

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If an organization that currently is managing a vast and well-balanced portfolio of projects decides on a new strategic direction,it will initially face the problem of:

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Every decision model contains both objective and subjective factors.

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A commercial factor in project selection and screening might be:

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Numeric project selection models,by their very nature,employ objective values.

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How can a payback period approach be used to evaluate potential projects?

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Souder's model selection criterion that encourages ease of adaptation to changes in tax laws,building codes,among others,is called:

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The most important thing to remember when using project selection models is to be consistent and objective.

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A simplified scoring model addresses all the weakness of a checklist model for project screening.

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Which statement regarding project selection is best?

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Profile models allow managers to plot ________ options for various alternatives.

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Between projects A and B,project A will be considered a superior financial undertaking if it has:

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Which statement regarding project selection and screening criteria is best?

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