AN EFFECTIVE PROJECT PORTFOLIO/ TUTORIALOUTLET DOT COM AN EFFECTIVE PROJECT PORTFOLIO/ TUTORIALOUTLET DOT

An effective project portfolio
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QUESTIONS
1.) An effective project portfolio does not just happen. There is a
process that must be developed and then followed to help ensure a
successful portfolio. Let’s start this discussion by examining what
decisions must be made before a project is actually looked at or
considered. So where do you start in the preprocess stage? Be sure
to justify your answer.
2.) Define the process groups and knowledge areas included in the
portfolio management process and explain what happens in each
area. How do these areas interact with one another as a group?
3.) Poor accounting of overhead costs in a project can jeopardize
the chances of project success. How are overhead costs estimated
in your organization? What methods are used? How are overhead
costs accounted for? How is the project team's time accounted for
in the project budget?
4.) The PMBOK ® Guide has quite a number of cost-estimating
methods. Which methods are employed in your organization? How
closely do they resemble the methods found in
thePMBOK ® Guide? How effective are they?