Portfolio Leadership Flashcards
Role of the Project Owner in Driving the Project Forward
What is the primary goal of the Portfolio Leadership practice in the Half Double Methodology?
a) To maximize the number of projects
b) To create maximum strategic impact as quickly as possible
c) To minimize stakeholder involvement
d) To standardize project execution
b) To create maximum strategic impact as quickly as possible
Who is involved in the Portfolio Leadership team?
a) Only the project manager
b) Only the project leader
c) Key stakeholders from the management level, the project owner, the project leader, and the team
d) Only the PMO
c) Key stakeholders from the management level, the project owner, the project leader, and the team
What is the purpose of the reflective mindset in Portfolio Leadership?
a) To avoid assessing the project’s progress
b) To evaluate the mindset, behavior, and progress against the new approach
c) To limit stakeholder involvement
d) To demonstrate the project’s impact
b) To evaluate the mindset, behavior, and progress against the new approach
What is the significance of active ownership in Portfolio Leadership?
a) To minimize the involvement of project owners
b) To maximize the number of projects per project owner
c) To create power in the individual projects
d) To standardize project execution
c) To create power in the individual projects
What is the role of the portfolio leadership team in the Half Double Methodology?
a) Only to make strategic decisions
b) Only to support the long haul
c) To balance quick and agile decisions with long-term support
d) To minimize impact measurement
c) To balance quick and agile decisions with long-term support
What is the purpose of the baseline check in Portfolio Leadership?
a) To establish the initial project budget
b) To measure the impact continuously during the project process
c) To identify the weaknesses and strengths of the project
d) To finalize the project
c) To identify the weaknesses and strengths of the project
What is the recommended number of projects per project owner at any time in the Portfolio Leadership practice?
a) Maximum two projects
b) Maximum five projects
c) Maximum three projects
d) Unlimited projects
c) Maximum three projects
What is the key to success in implementing projects in the Portfolio Leadership practice?
a) Standardizing project execution
b) Minimizing stakeholder involvement
c) Creating a fast impact flow
d) Maximizing the number of projects
c) Creating a fast impact flow
What is the primary focus of the Portfolio Leadership team in the Half Double Methodology?
a) Prioritizing projects based on generic key figures
b) Prioritizing impact through informed dialog and deep insight
c) Prioritizing projects based on the project manager’s preferences
d) Prioritizing projects based on the project owner’s preferences
b) Prioritizing impact through informed dialog and deep insight
What is the significance of the portfolio leadership team’s rhythm in the Half Double Methodology?
a) To establish a generic weighting of key figures
b) To establish frequent meetings with continuous and agile decision-making
c) To minimize the involvement of project owners
d) To standardize project execution
b) To establish frequent meetings with continuous and agile decision-making
What is the purpose of the baseline check in Portfolio Leadership practice in the Half Double Methodology?
a) To measure the number of projects completed
b) To assess the current state of the portfolio and identify areas for improvement
c) To determine the financial impact of the projects
d) To evaluate the performance of individual project owners
b) To assess the current state of the portfolio and identify areas for improvement
According to the Half Double Methodology, what is the recommended number of projects per project owner in the Portfolio Leadership practice?
a) Unlimited
b) Five
c) Three
d) One
c) Three
What is the key to success in implementing projects in the Portfolio Leadership practice of the Half Double Methodology?
a) Utilizing complex project management software
b) Having a large number of projects to manage
c) Involving project owners who are passionate about the projects
d) Following a rigid and inflexible project plan
c) Involving project owners who are passionate about the projects
What is the primary focus of the Portfolio Leadership team in the Half Double Methodology?
a) Maximizing the number of projects in the portfolio
b) Minimizing the involvement of project owners
c) Achieving strategic impact faster with fewer projects
d) Implementing long-term, detailed project plans
c) Achieving strategic impact faster with fewer projects
What is the significance of the portfolio leadership team’s rhythm in the Half Double Methodology?
a) It ensures that project owners have minimal involvement
b) It allows for infrequent and irregular decision-making
c) It establishes a consistent and frequent meeting schedule for agile decision-making
d) It focuses on long-term planning and strategy
c) It establishes a consistent and frequent meeting schedule for agile decision-making
