74-344 · Question #75
Your organization is using Project Online to facilitate the selection of optimal portfolios. The Project Management Office (PMO) expects to analyze the portfolio of projects in a short period of…
The correct answer is B. Define the list of projects that include cost estimates. E. Define and rank specific business drivers or other factors relevant to the project approval F. Populate and configure the resource pool, including maximum units, resource calendars. The following three steps must be performed to prepare for portfolio analysis: / (E) Define business drivers or other factors relevant to the project approval process. / (B) Define the demand profile, i.e. define the list of projects including resource level of effort estimates…
Question
Your organization is using Project Online to facilitate the selection of optimal portfolios. The Project Management Office (PMO) expects to analyze the portfolio of projects in a short period of time by using the efficient frontier and the strategic value provided by the tool. You need to ensure the tool provides the expected outcome. Which three actions should you perform? (Each correct answer presents part of the solution. Choose three.)
Options
- ACreate a custom workflow that allows the capture of projects with business-relevant
- BDefine the list of projects that include cost estimates.
- CCreate a custom field to be used as alias when force-in or force-out options are selected.
- DCreate a custom cost field to be used as a cost constraint.
- EDefine and rank specific business drivers or other factors relevant to the project approval
- FPopulate and configure the resource pool, including maximum units, resource calendars,
How the community answered
(61 responses)- A13% (8)
- B79% (48)
- C5% (3)
- D3% (2)
Explanation
The following three steps must be performed to prepare for portfolio analysis: / (E) Define business drivers or other factors relevant to the project approval process. / (B) Define the demand profile, i.e. define the list of projects including resource level of effort estimates and/or cost estimates. / (F) Define the resource supply by populating and configuring the resource pool.
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