The concept of project portfolio management holds that firms should:
A)Regard all projects as unified assets.
B)Manage projects as independent entities.
C)Focus on short-term strategic goals.
D)Focus on long-term constraints.

Question

Quizplus · Accepted Answer

Project portfolio management involves viewing all projects within a portfolio as unified assets with a common goal of achieving strategic objectives. By regarding projects as a portfolio rather than as independent entities, companies can prioritize and allocate resources effectively to ensure that the portfolio achieves its overall goals.

The Concept of Project Portfolio Management Holds That Firms Should