Which of the Following Best Describes the Overall Goal of Project

question 5

Multiple Choice

Which of the following best describes the overall goal of project portfolio management?

• A)Maximize support of business strategy while minimizing risk.
• B)Maximize innovation at an affordable cost.
• C)Ensure that all projects are selected using the same criteria.
• D)Select projects that can easily be terminated if not successful.

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Definitions:

Potential Buyers

Individuals or organizations that are in the market to purchase goods or services but have not yet made a decision or commitment.

Rustbucket

A term used to describe a very old, deteriorating vehicle or ship, often in poor condition due to rust.

Used Cars

Second-hand vehicles that have been previously owned and are available for purchase.

Quality Distribution

The variation in qualities among units of a product or service, often measured to assess consistency, standards, or market segmentation.