• Description:Microsoft 74-131 Designing a Microsoft Office Enterprise Project Management (EPM) Solution
• Passing Score:75%
• Practice Test - Number of questions:41 questions
• Simulation Test - Number of questions:41 questions
• Simulation Test Duration:41 minutes
• Has explanations:Yes

During an initial envisioning discussion, the organizations Enterprise Project Management (EPM) sponsor mentions he had heard the term Project Portfolio Management. The sponsor asks you to define this term. You must provide the sponsor with a definition of Project Portfolio Management. Which definition should you give?

Answer(s)

1. The measure of the extent to which multiple project management processes are defined, repeatable, managed, measurable, and effective
2. The selection, analysis, and support of projects or program investments that are guided by a strategic plan and available resources
3. A coordinated approach to achieving business goals through a continual nucleus of projects and processes
4. A group of related projects, managed in a coordinated way, that usually has an element of ongoing activity

The selection, analysis, and support of projects or program investments that are guided by a strategic plan and available resources