Question

All of the following are true except: a. Projects have a finite timeline, while programs may exist as long as the parent organization does. b. A program manager has the discretion to make trade-offs in regard to which projects to pursue. c. A portfolio may contain multiple programs and projects. d. A project manager has the discretion to make trade-offs in regard to which programs to pursue.

Answer 1

Answer: d. A project manager has the discretion to make trade-offs in regard to which programs to pursue

Explanation:

A project manager is an individual who is responsible for planning and executing of a project using the available resources and within a specified time frame to achieve the goals and objectives of the project.

A project is a task that has a start and ending and must be completed within a specific time frame using the available resources. A Portfolio simply means the collection of projects, or programs.

Based on the explanation, the answer is option D. "A project manager has the discretion to make trade-offs in regard to which programs to pursue".

A project manager doesn't have the discretion to make trade-offs in regard to which programs to pursue. That is the role of a program manager and not the project manager. The project manager only has discretion when it has to do with making trade-offs regarding the projects to pursue.

Option D is the right answer.

Answer 2

The false statement is option d. A project manager has the discretion to make trade-offs in regard to which programs to pursue.

Trade-off theory:

The trade-off theory of capital structure shows that corporate leverage is measured by balancing the tax-saving benefits of debt against dead-weight costs of bankruptcy. The project should contains the finite timeline. Also, the project manager should considered the trade-off theory for pursue it not for the program.

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