A Proactive Project Portfolio

question 84

Multiple Choice

A proactive project portfolio:

• A)is as simple as moving from one project opportunity to another project opportunity.
• B)is an integrated family of projects with a common strategic goal.
• C)is a collection of projects under the umbrella of single project manager carrying the title of portfolio manager.
• D)is developed with respect to short-term operational concerns.

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Definitions:

Group Decision Making

A process where members of a group collectively analyze problems and look for solutions, aiming to reach a consensus that reflects the input and perspective of the entire group.

Probabilities

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Reliable Historical Data

Trustworthy and dependable data from the past, used for research, analysis, or decision making, which has been accurately recorded and preserved.

Subjective Probabilities

Estimates of the likelihood of events based on personal judgment or experience, rather than on objective data or statistical analysis.