Which of the Following Best Describes Project Portfolio Management

question 84

Multiple Choice

Which of the following best describes project portfolio management?

• A)a process that oversees all projects and selects which projects to pursue
• B)a process that integrates a company's project with a prospective external project
• C)a process that creates and visualizes projects from scratch
• D)a process that tracks the progress of projects and adjusts their scope accordingly

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Definitions:

Indirect Control

The ability to influence or dictate the actions of another company or entity, not through direct ownership, but through other means such as contractual agreements or through a third party.

Income Tax Expense

The cost incurred by businesses or individuals due to income taxes, reflecting the portion of earnings allocated to meet tax obligations.

Separate Return Method

An approach used in the taxation of a group of related entities, where each entity files its own tax return instead of filing a single consolidated return.

Initial Value Method

An accounting method in which investments are recorded at their cost at the time of acquisition, without subsequent adjustment for market changes.