In Using a Portfolio Analysis to Determine Which IT Projects

question 85

Multiple Choice

In using a portfolio analysis to determine which IT projects to pursue,you would

• A)select the most low-risk projects from the inventory.
• B)limit work to those projects with great rewards.
• C)select only low-risk,high-reward projects.
• D)balance high-risk,high reward projects with lower-risk projects.
• E)avoid projects that were very costly.

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Definitions:

Grand Strategy

A comprehensive, long-term plan that outlines an organization's or nation's overarching goals and the means to achieve them.

Cross-Functional Teams

Groups composed of members from different departmental or functional backgrounds working together towards a common goal.

Production Process

The series of steps or actions taken to manufacture a product or deliver a service, from initial inputs to the final output.

Reengineering

The radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.