The justification should include key terms, techniques, and possibly equations necessary to show satisfactory understanding of the topic being tested.
For some questions, "satisfactory understanding" can be in the form of one complete sentence, whereas other questions may require one or two complete paragraphs. To answer the question, write your T/F answer, followed by the justification. Please answer all the questions.
Questions:
1. The three keys to effective portfolio management are having project leaders with full authority, having a competitive product advantage, and leveraging core competencies.
2. "Faster, better, cheaper" is the ONLY way to ensure your firm does not fall into a resource crunch.
3. In designing a single system that integrates many activities, is multifunctional, and fosters a cross-functional team approach, the first requirement is that it must be systematic - like a road map that divides organizational or functional boundaries and forces active participation from those various functions.