Read the below 10 questions and answer in brief at least 25 words
1)The three keys to effective portfolio management are having project
leaders with full authority, having a competitive product advantage, and
leveraging core competencies.
2)Faster, better, cheaper” is the ONLY way to ensure your firm does not fall
into a resource crunch.
3)In designing a single system that integrates many activities, is
multifunctional, and fosters a cross-functional team approach, the first
requirement is that it must be systematic – like a road map that divides
organizational or functional boundaries and forces active participation from
those various functions.
4)In order to have effective executive leadership in innovation, senior
management MUST be involved in day-to-day project management.
5)Profitability is defined by ECV, ECV PI, and ROI, in that with a low ECV,
the return on investment is high, and managers should elect to spend money
on that specific project
6)In order to calculate the NPV PI, the inputs required are: the present
value of future earnings; development cost; and capital cost. The PI is then
the ratio of NPV to the constrained resource
7)The process outlined in the diagram below is in place in order to
determine the present value of future earnings, and requires the expected
value before commercialization to be added to the expected value before
commercialization, less the sum of the expected values in development and
before launch.
ECV Block
8)A bubble diagram is a tool used by management in order to measure the
sensitivity of a financial analysis with changes in discount rates,
revenues, and profit margins.
9)In order to make proper investment decisions, the best innovators use an
average of 2.4 portfolio management tools, comprised of tactical and
strategic methods.
10)Stage-Gate® , an idea-to-launch system, is an example of the type of
system that is required in order to achieve success in today’s market that,
like American football, is comprised of a series of huddles and plays.
