Project Portfolio Management Is Typically NOT Used to Balance

question 7

Multiple Choice

Project portfolio management is typically NOT used to balance:

• A)Human and technical resources.
• B)Risk and return.
• C)Efficiently run projects and nonperformers.
• D)Various families of projects.

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Definitions:

Machine-Hour

A measure of production output or usage time based on the hours a machine is operated.

Unit Product Cost

The cost assigned to a single unit of product, comprising both variable and fixed manufacturing costs.

Overhead Applied

The amount of manufacturing overhead expenses assigned to a particular job or activity, based on a predetermined rate.

Job P978

A specific job, project, or batch in a costing system assigned with a unique identifier for tracking costs.