Free PMI Project Management Professional (PMP) Practice Question

A project manager uses Return on Investment (ROI) as the sole criterion for selecting projects in their organization's portfolio.

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This statement is false. While ROI is an important financial metric, it should not be the only criterion for project selection. The PMP framework emphasizes a holistic approach to project selection and prioritization. Other crucial factors include strategic alignment, risk assessment, resource availability, and stakeholder interests. Effective project managers consider multiple factors and use various selection methods alongside financial metrics to ensure a well-balanced and strategically aligned project portfolio.

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What are some other criteria besides ROI that should be considered in project selection?

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What is the PMP framework and how does it guide project selection?

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Why is it important to have a holistic approach to project selection?

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