A System of Value Delivery

It is the worth, importance or usefulness of something.

• Project

• Flow

• Color

• Value

What are factors internal to the organization?

• Product management

• Product life cycle phases

• Artifacts, practices, or internal knowledge

• External factors

What does product management involve?

• Only people

• Only data

• Only processes

• Integration of people, data, processes, and business systems

What is the product life cycle?

• A series of phases representing the evolution of a product

• A series of colors representing a product

• A series of shapes representing a product

• A series of sizes representing a product

What does program management within a product life cycle involve?

• Only program activities

• Only subsidiary programs

• Only related projects

• Related projects, subsidiary programs, and program activities

What does project management within a product life cycle oversee?

• Only product capabilities

• Development and maturing of product capabilities

• Only maturing

• Only development

What does portfolio governance charter individual projects as needed to perform?

• Enhancements and improvements

• Only enhancements

• Only unique outcomes

• Only improvements

What does product management within a program apply?

• Full product life cycle within the purview and boundaries of a given program

• Only given program

• Only full product life cycle

• Only purview and boundaries

What can enhance the benefits of a product according to the text?

• Applying program management competencies

• Applying product life cycle phases

• Applying project management competencies

• Applying portfolio governance

What is the product life cycle?

• Subsidiary programs or projects

• is a series of phases that represents the evolution of a program

• is a series of phases that represents the evolution of a project

• is a series of phases that represents the evolution of a product