A Proactive Project Portfolio

question 98

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:

Actual Price

The price at which a good or service is sold in the market, as opposed to its listed or theoretical price.

Producer Surplus

The difference in the expected remuneration by producers for offering a good or service and the actual revenue they secure.

Purely Competitive

A market structure characterized by many buyers and sellers, where each seller is a price taker and homogeneous products are offered.

Market

An economic system that allows buyers and sellers to exchange goods and services, determining prices through the laws of supply and demand.