University of Maryland IFSM 301 quiz 2

Question 1

0.2 / 0.2 points

Combining project management disciplines with business and general management practices at the portfolio level gives an organization the ability to select projects that may or may not be in alignment with the organization’s strategy. 

a) True

b) False

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Question 2

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When ITPM is done properly, the productivity improvements and cost savings that will result will positively impact the bottom line. 

True

False

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Question 3

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ITPM is the management of the project portfolio so as to __________________ the contribution of projects to the overall success of the organization.

a) 

Equalize

b) 

Minimize

c) 

Maximize

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Question 4

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Once the rankings, business case and categorization are complete, IT investments are presented to shareholders, which include a cross-functional leadership team.

a) True

b) False

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Question 5

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Other best practices to increase success of ITPM include:

a) 

Communicate on a regular basis

b) 

Involve stakeholders

c) 

Assess the portfolio regularly

d) 

All of the above.

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Question 6

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Referring to the inventory of IT projects, some common information to require includes: 

a) 

Business benefits

b) 

Return on Investment (ROI) analysis

c) 

Project team

d) 

A & B

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Question 7

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The process for prioritizing and selecting projects should go beyond financial objectives that include:

a) 

Customer demand

b) 

Website metrics

c) 

Risk tolerance

d) 

A & C

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Question 8

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A successful portfolio depends on how you (select all that apply): 

a) 

plan work

b) 

manage change

c) 

choose your governance team members

d) 

manage work

Question 9

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Project management meants that the right projects are done while ITPM means that projects are done right.

True

False

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Question 10

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Regarding project selection and prioritization, the CIO is responsbile for facilitating the process of evaluating and choosing projects which will benefit and add value to the entire organization as a whole.

a) True

b) False