Question

In the project portfolio selection process,the preprocess phase is likely to involve:_______.

A) Determining selection methodologies and guiding strategic principles for project evaluation.
B) Prescreening to ensure projects fit broader strategic goals.
C) Considering interactions among various portfolio projects and interdependencies.
D) Analyzing and evaluating current projects that have passed a critical review gate.

Answer 1

A) Determining selection methodologies and guiding strategic principles for project evaluation.

Step-by-step explanation:

Project portfolio selection process is defined as the process by which various project portfolios are screened to ensure they align with organisational goals and objectives.

The aim of project portfolio selection is to maximise output of projects that are eventually selected for execution.

The preprocess involves selection of methodologies and guiding strategic principles for project evaluation.

This will ensure that the right projects are selected to meet the goals of the organisation