PMP Questions ID 1029 jane is currently reviewing a list of project proposals all the proposed projects achieve some o

Jane is currently reviewing a list of project proposals. All the proposed projects achieve some of the organizational strategic objectives and their expected costs are known. However, Jane cannot execute all the projects due to the funding limitation. How shall Jane determine which projects she needs to execute this year?

Select one

Select the projects that maximize the business value

Select the high-budget projects and drop the low-budget projects

Select the low-budget projects and drop the high-budget projects

Select the projects that maximize organizational revenue

A business is considering more than a dozen infrastructure upgrade projects. These projects, once delivered, will add to the organization’s overall performance but will not contribute to any of the revenue streams. Prior to initiating any such project, the value of the project to the organization must be determined. Which of the following is the most important factor to consider in such a scenario?

Select one

Net Present Value (NPV) of the projects

Internal Rate of Return (IRR) of the projects

Alignment with the strategic goals

Investment requirement

If an investment in a project returns 15 percent annually, how much should you invest to get $5 million by the end of the fifth year?

Few project managers collect lessons-learned information throughout the project’s life. Most tackle this in the final days of the project or, worse, after the project is complete. What is the negative consequence of this approach?

Select one

It makes compiling and obtaining project information difficult.

It might result in further expenses on the project.

The project’s NPV becomes zero.

It requires hiring a specialist to do the job.

New PMP Question & Answers with explanation