Exam 2: Project, program, and Portfolio Selection

You can establish weights by assigning ____.

____________________ considerations are often an important aspect of the project selection process,especially during tough economic times.

An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.

Provide two examples demonstrating the value of identifying projects through the observation of day-to-day operations.

Money earned today is worth more than money earned in the future,primarily due to inflation.

Which of the following formulas is used by Excel to calculate NPV?

Organizations-both large and small-cannot undertake most of the potential projects identified because of resource limitations and other constraints.

Describe the role of the project portfolio manager in relation to the roles of project manager and program manager.

With respect to NPV,all organizations start discounting in Year 0 (immediately).

You calculate cash ____ by subtracting costs from benefits,or expenses from income.

The SWOT analysis looks at ____.

An IT project in the ____ category must be accomplished to run the business.

According to Dr.Robert Kaplan and Dr.David Norton,a balanced scorecard rejects most traditional financial measures.

After assigning weights for the criteria and scores for each project,you calculate a weighted score for each project by multiplying the weight for each criterion by its score and ____ the resulting values.

Just as projects are unique,so are project portfolios.