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Applying CCPM to Multiple Project Portfolios

Essay Questions:

1. What are the formal steps to apply CCPM to multiple project portfolios?
2. Why is project management considered an excellent training ground for future senior executives in many organizations?
3. What is strategic management and what role do projects play in it?
4. Briefly discuss the importance of the project charter, and compare the roles played by the project sponsor and the project manager with respect to the preparation of this document.
5. Project managers must frequently decide whether to obtain needed products and services from internal sources or from external sources. This decision is often referred to as the make-or-buy decision. Briefly identify and explain at least three reasons that support the decision to “make” the products and at least three reasons that support the decision to “buy” the products.
6. Describe any four types of risk that projects may hold

Choose one essay question and write 1.5 – 2 pages length essay:

The assignment is to answer the question provided above in essay form. This is to be in narrative form and based on weekly reading. Bullet points should not to be used. The paper should be at least 1.5 – 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to project management. This does not mean blogs or websites. This source should be a published article in a scholarly journal (Journal of Project Management)  or a professional journal (such as PMI’s Project Management Journal). This source should provide substance and not just be mentioned briefly to fulfill this criteria. The journal article should not replace or provide information already in the textbook. It should be used to provide greater detail through examples, research, case studies, etc.

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The textbook should be utilized extensively to answer the question based upon the weekly reading. Do not use quotes. Do not insert excess line spacing. APA formatting and citation should be used.