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Leveraging Quarterly Planning in Lean Portfolio Management

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question 1 of 3

Hamish is CEO of a company that has many different product lines. Hamish has decided to implement lean portfolio management for their product portfolio. To do so, Hamish should focus on _____.

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1. Kiara owns a company that makes office furniture. She's decided to implement quarterly planning for product development. Thus, when Kiara's company develops and designs a new type of standing desk, the timeline for the product development cycle should be _____.

2. Kako is the head of development for a company that designs covers for books and DVDs. For Kako's department to develop and design the covers, they have to go through the product development cycle. This includes the three steps that can be summarized as _____.

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About This Quiz & Worksheet

To see how much you know about quarterly planning in lean portfolio management, try this online quiz and worksheet. Containing five multiple-choice questions, these self-assessments will challenge your understanding of lean portfolio management implementation and the product development cycle.

Quiz & Worksheet Goals

You'll answer questions about:

  • Things to focus on when implementing lean portfolio management
  • Product development cycle timelines, stages and steps
  • The benefits of lean portfolio management

Skills Practiced

  • Knowledge application - apply your understanding of the product development cycle to answer questions about its stages and steps
  • Reading comprehension - be able to take away the most important concepts from the related lesson on quarterly planning in lean portfolio management
  • Information recall - access knowledge you've gained regarding lean portfolio management benefits

Additional Learning

To learn more about these portfolio management concepts, check out Leveraging Quarterly Planning in Lean Portfolio Management. This lesson is designed to help you:

  • Define lean portfolio management
  • Recognize the major advantages of quarterly planning
  • Describe the length of traditional product cycles
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