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1. Define programme management?

A group of projects that are managed in a coordinated way to gain benefits that would not be possible were the projects to be managed independently. 2. Define portfolio? The collection of projects that an organization undertakes within a particular planning cycle is sometimes referred to as portfolio. 3. What is the difference between programme managers versus project managers? S.No Programme Manager Project Manager 1 2 3 4 4. Many simultaneous projects Personal relationship with skilled resources Need to maximize utilization of resource Projects tend to be similar One project at a time Impersonal relationship with resource type

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Need to minimize demand for resources Projects tend to be dissimilar What is the program mandates to create a program? The new services or capabilities the programme should deliver. How the organization will be improved by use of the new services or capability. How the programme fits with corporate goals and any other initiatives. What are the feasibilities to study program brief? Vision Statement Benefits Risks and issues Estimated cost, timescales and effort. What are the capabilities to improve the achievement blueprint? Business models outlining the processes required. Organizational Structure Information systems, equipment and other, nonstaff, resources that will be needed. Data and information requirements. Costs, performance and service level requirements.

1. Define programme management? A group of projects that are managed in a coordinated way to gain benefits that would not be possible were the projects to be managed independently. 2. Define portfolio? The collection of projects that an organization undertakes within a particular planning cycle is sometimes referred to as portfolio. 3. What is the difference between programme managers versus project managers? S.No Programme Manager Project Manager 1 2 3 4 4. Many simultaneous projects Personal relationship with skilled resources Need to maximize utilization of resource Projects tend to be similar One project at a time Impersonal relationship with resource type

5.

6. of

Need to minimize demand for resources Projects tend to be dissimilar What is the program mandates to create a program? The new services or capabilities the programme should deliver. How the organization will be improved by use of the new services or capability. How the programme fits with corporate goals and any other initiatives. What are the feasibilities to study program brief? Vision Statement Benefits Risks and issues Estimated cost, timescales and effort. What are the capabilities to improve the achievement blueprint? Business models outlining the processes required. Organizational Structure Information systems, equipment and other, nonstaff, resources that will be needed. Data and information requirements. Costs, performance and service level requirements.

7. What are the suggestions involved in blueprint? Appointment of account managers who could act as a point of contact for client throughout their business transactions with the company. A common computer interface allowing the account manager to have access to all the information relating to a particular client or job, regardless of the computer system from which it originates. 8. Write the initial program planning stages? Project portfolio Cost estimates for each project Benefits expected (including the appropriate benefits profile) Risks identified Resource needed to manage, support and monitor the programme. 9. Write down the constituent parts of dependency diagram? i. Systems study/design ii. Corporate image design iii. Build common systems iv. Relocate offices v. Training vi. Data migration vii. Implement corporate interface. 10. Define tranche? A tranche is a group of projects that will deliver their products as one step in the programme. The main criterion for grouping projects into tranches is that the deliverables of each of the projects combine to provide a coherent new capability or set of benefits for client. 11. List the different types of benefits management? Benefits can be of many different types including, Mandatory compliance Quality of service Productivity More motivated workforce Internal management benefits Risk reduction Economy Revenue enhancement/acceleration Strategic fit. 7. What are the suggestions involved in blueprint? Appointment of account managers who could act as a point of contact for client throughout their business transactions with the company. A common computer interface allowing the account manager to have access to all the information relating to a particular client or job, regardless of the computer system from which it originates. 8. Write the initial program planning stages? Project portfolio Cost estimates for each project Benefits expected (including the appropriate benefits profile) Risks identified Resource needed to manage, support and monitor the programme. 9. Write down the constituent parts of dependency diagram? viii. Systems study/design ix. Corporate image design x. Build common systems xi. Relocate offices xii. Training xiii. Data migration xiv. Implement corporate interface. 10. Define tranche?A tranche is a group of projects that will deliver their products as one step in the programme. The main criterion for grouping projects into tranches is that the deliverables of each of the projects combine to provide a coherent new capability or set of benefits for client. 11. List the different types of benefits management? Benefits can be of many different types including, Mandatory compliance Quality of service Productivity More motivated workforce Internal management benefits Risk reduction Economy

Revenue enhancement/acceleration Strategic fit. 18. Calculate ROI (or) ARR?

12. List out the quantifying benefits? Quantified and valued - that is a direct financial benefit is experienced Quantified but not valued - for example, a decrease in the number of customer complaints Quantified but not easily quantified for example, public approval of the organization in the locality where it is based. 13. What are the three major factors for evaluation of individual projects? Three major factors will needed to be considered in the evaluation of potential projects, Technical feasibility Balance of costs and benefits and Degree of risk associated with the project. 14. Write the steps for evaluating the cost benefit analysis? Identify and estimating all of the cost and benefits of carrying out the project and operating the delivered application Expressing these costs and benefits in common units. 15. Define cash flow forecasting? A cash flow forecast will indicate when expenditure and income will take place; we need to spend money, such as staff wages, during the development stages of a project. Such expenditure cannot be deferred until income is received. 16. Define payback period? The payback period is the time taken to break even or pay back the initial investment. Normally, the project with the shortest payback period will be chosen on the basis that an organization will wish to minimize the time that a project is in debt. 17. Define ROI (or) ARR? The return on investment (ROI), also known as the account in rate of return (ARR), provides a way of comparing the net profitability to investment required.

19. Define NPV? The calculation of the net present value is the project evaluation technique that takes into account the profitability of a project and the timing of the cash flows that are produced. The annual rate by which we discount future earnings is known as the discount rate -10%,

20. Write the disadvantage of NPV? One disadvantage of NPV as a measure of profitability is that, although it may be used to compare projects, it might not be directly comparable with earnings from other investments or the costs of borrowing capital. Such costs are usually quoted as a percentage interest rate. 21. Define IRR? The internal rate of return (IRR) attempts to provide a profitability measure as a percentage return that is directly comparable with interest rates. The IRR is calculated as the percentage discount rate that we would produce an NPV of zero.

12. List out the quantifying benefits? Quantified and valued - that is a direct financial benefit is experienced Quantified but not valued - for example, a decrease in the number of customer complaints Quantified but not easily quantified for example, public approval of the organization in the locality where it is based. 13. What are the three major factors for evaluation of individual projects? Three major factors will needed to be considered in the evaluation of potential projects, Technical feasibility Balance of costs and benefits and Degree of risk associated with the project. 14. Write the steps for evaluating the cost benefit analysis? Identify and estimating all of the cost and benefits of carrying out the project and operating the delivered application Expressing these costs and benefits in common units. 15. Define cash flow forecasting? A cash flow forecast will indicate when expenditure and income will take place; we need to spend money, such as staff wages, during the development stages of a project. Such expenditure cannot be deferred until income is received. 16. Define payback period? The payback period is the time taken to break even or pay back the initial investment. Normally, the project with the shortest payback period will be chosen on the basis that an organization will wish to minimize the time that a project is in debt. 17. Define ROI (or) ARR? The return on investment (ROI), also known as the account in rate of return (ARR), provides a way of comparing the net profitability to investment required.

18. Calculate ROI (or) ARR?

19. Define NPV? The calculation of the net present value is the project evaluation technique that takes into account the profitability of a project and the timing of the cash flows that are produced. The annual rate by which we discount future earnings is known as the discount rate -10%,

20. Write the disadvantage of NPV? One disadvantage of NPV as a measure of profitability is that, although it may be used to compare projects, it might not be directly comparable with earnings from other investments or the costs of borrowing capital. Such costs are usually quoted as a percentage interest rate. 21. Define IRR? The internal rate of return (IRR) attempts to provide a profitability measure as a percentage return that is directly comparable with interest rates. The IRR is calculated as the percentage discount rate that we would produce an NPV of zero.

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