Why is it important for the portfolio manager to have business skills?

Select an answer:

a. They need to have credibility with business leaders.

b. The portfolio is a collection of business investments and portfolio management is a business discipline.

c. The project and program managers already have the project skills the portfolio needs.

d. They come from a project background so have experience there, but need business skills as they don't have experience.

Why are positive variances something the portfolio manager has to address?

Select an answer:

a. They result in higher performance which means next year's goals are set too high.

b. They imply the original goals weren't high enough.

c. They mean something has probably been measured wrongly.

d. They create opportunities to solve challenges elsewhere in the portfolio.

Why is consistency important in establishing culture?

Select an answer:

a. Questioning the concept undermines belief in it.

b. Until people become comfortable with the processes they are insecure.

c. There are a lot of stakeholders who need to buy in.

d. all of these answers