Information Technology Project Management, Revised 7th edition by Kathy Schwalbe Test bank
ANS: D
Individual projects often address tactical goals, whereas portfolio management addresses strategic goals. Tactical goals are generally more specific and short-term than strategic goals.
PTS: 1 DIF: Difficulty: Moderate REF: p.17
OBJ: LO: 1-4 NAT: BUSPROG: Analytic
TOP: Program and Project Portfolio Management KEY: Bloom's: Comprehension
22. A difference between strategic and tactical goals is that:
| a. | strategic goals are more specific than tactical goals. | c. | tactical goals are more important for a project than strategic goals. |
| b. | tactical goals encompass broader dimensions than strategic goals. | d. | strategic goals are long-term in nature whereas tactical goals are short-term. |
ANS: D
Tactical goals are generally more specific and short-term than strategic goals, which emphasize long-term goals for an organization.
PTS: 1 DIF: Difficulty: Moderate REF: p.17-18
OBJ: LO: 1-4 NAT: BUSPROG: Analytic
TOP: Program and Project Portfolio Management KEY: Bloom's: Comprehension
23. Which of the following questions reflect the strategic goals of project portfolio management?
| a. | Are we carrying out projects well? | c. | Are we investing in the right areas? |
| b. | Are projects on time and on budget? | d. | Do stakeholders know what they should be doing? |
ANS: C
The strategic goals of project portfolio management raise questions such as “Are we working on the right projects?”, “Are we investing in the right areas?”, and “Do we have the right resources to be competitive?”
PTS: 1 DIF: Difficulty: Moderate REF: p.18
OBJ: LO: 1-4 NAT: BUSPROG: Analytic
TOP: Program and Project Portfolio Management KEY: Bloom's: Comprehension
24. Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?