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How to Manage & Modify Portfolio Processes

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

In a project portfolio process, there should be a distinct and defined process for all of the following EXCEPT:

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1. A process for completing a _____ is one way to ensure that a project is feasible. This cannot be achieved until the ROI and resource analysis processes have been completed.

2. Many managers feel that a process for _____ represents the most significant part of portfolio management.

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About This Quiz & Worksheet

The questions in this quiz and worksheet will assess how much you know about portfolio processes. Among other aspects of this topic, you should be familiar with a process for ensuring that a project is feasible.

Quiz & Worksheet Goals

You'll be tested on the following:

  • Portfolio-related tasks for which there should be distinct and defined processes
  • How to ensure that a project is feasible
  • What many managers believe is the most important aspect of portfolio management
  • An indirect cost associated with increasing on-hand inventory in a restaurant
  • A process that requires a reserve for unforeseen regulatory costs

Skills Practiced

  • Knowledge application - use your knowledge to answer a question about a distinct and defined project portfolio process
  • Information recall - access the knowledge you've gained about what's considered the most important aspect of portfolio management by many managers
  • Interpreting information - verify that you can read information about a reserve for unforeseen regulatory costs and interpret it correctly

Additional Learning

Deepen your knowledge of this topic by reviewing the lesson titled How to Manage & Modify Portfolio Processes. Here's a quick glance at what you can expect to find in this lesson:

  • Calculating return on investment (ROI)
  • Indirect resource needs in a store franchise
  • What a project intake process addresses
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