What is the common factor among portfolios, programs, and projects, regardless of the hierarchy within an organization?

The correct answer is A. Resources and stakeholders. Regardless of whether something is a project, program, or portfolio, all three involve the use of resources (people, budget, equipment, time) and have stakeholders (individuals or groups who have an interest in or are affected by the outcomes). These two elements - resources…

Project Management Fundamentals and Core Concepts

Question

What is the common factor among portfolios, programs, and projects, regardless of the hierarchy within an organization?

Options

AResources and stakeholders
BOperations and performance
CSubsidiary projects
DProject manager

How the community answered

(71 responses)

A
93% (66)
B
1% (1)
C
1% (1)
D
4% (3)

Explanation

Regardless of whether something is a project, program, or portfolio, all three involve the use of resources (people, budget, equipment, time) and have stakeholders (individuals or groups who have an interest in or are affected by the outcomes). These two elements - resources and stakeholders - are universal across all levels of the organizational hierarchy. Operations and performance, subsidiary projects, and a project manager are not consistently present or applicable at every level (e.g., portfolios don't always have a single project manager or subsidiary projects).

Topics

#Project Management Hierarchy#Portfolios Programs Projects#Stakeholders#Resources

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