SPP Resource Allocation & Prioritization 4

Question 1

The primary purpose of a Project Management Office (PMO) in the context of resource allocation is to:

Accepted Answer

Provide centralized oversight and optimization of resource usage across the portfolio

Answer

A PMO provides governance and visibility across projects, enabling optimized allocation of shared resources at the portfolio level.

Question 2

In strategic planning, 'capacity planning' primarily addresses:

Accepted Answer

Whether the organization has sufficient resources to execute its strategic plan

Answer

Capacity planning assesses whether current and projected resource levels are sufficient to deliver the strategy within required timeframes.

Question 3

Which concept describes the phenomenon where adding more resources to a late project often makes it later?

Accepted Answer

Brooks's Law

Answer

Brooks's Law states that adding manpower to a late software project makes it later due to ramp-up time and increased communication overhead.

Question 4

A company uses a 'strategic bucket' model for resource allocation. This means resources are:

Accepted Answer

Pre-allocated to defined strategic categories before individual projects are selected

Answer

Strategic buckets pre-assign resource pools to strategic themes, ensuring balance across innovation, growth, and maintenance priorities.

Question 5

When an organization must cut its project portfolio due to budget reductions, the BEST criterion for deciding which projects to eliminate is:

Accepted Answer

Lowest strategic value combined with highest resource consumption

Answer

Eliminating projects with low strategic value but high resource consumption frees maximum capacity for high-value initiatives.

(SPP) Strategic Planning Professional Practice Test