A construction company tests a strategy to reduce costs on a collection of projects. This experiment is part of a long-term business objective. What position would most likely oversee this test across several projects?1 pointProgram managerPortfolio managerProject managerPrimary stakeholder
Question
A construction company tests a strategy to reduce costs on a collection of projects. This experiment is part of a long-term business objective. What position would most likely oversee this test across several projects?1 pointProgram managerPortfolio managerProject managerPrimary stakeholder
Solution
The position that would most likely oversee this test across several projects is a Program Manager.
Here's why:
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A Program Manager is responsible for managing a group of related projects. They ensure that the projects are working together effectively towards the organization's strategic objectives. In this case, the strategy to reduce costs is a long-term business objective that would likely span across multiple projects, making it a program.
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A Portfolio Manager, on the other hand, manages a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. They are more focused on high-level business goals and may not be involved in the day-to-day management of individual projects or experiments.
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A Project Manager manages individual projects. They are responsible for the successful initiation, planning, design, execution, monitoring, controlling, and closure of a project. In this case, the experiment is part of a long-term business objective that spans across multiple projects, which is beyond the scope of a single project manager.
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A Primary Stakeholder is a person or group who will be directly affected by the outcome of a project or decision. They may have a vested interest in the project, but they would not typically oversee a test or experiment across multiple projects.
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