You work as a Project Administrator for Company Inc. Your project team is using the Project Portfolio Server along with Microsoft Project Server 2010 to manage the governance of the projects within your organization. The governance phases affect what must be defined for each phase of the governance. Which of the following project governance phases will a project pass through the Optimizer module?
A.
Plan phase
B.
Select phase
C.
Create phase
D.
Manage phase
Explanation:
The Optimizer module helps an organization to determine the cost-benefits of a project, value of a project, and even the costs that are associated with a project. It is a part of the select phase of project governance. Answer option C is incorrect. The create phase launches the typical four- phase governance process. Answer option A is incorrect. Once a project has been selected, it is advanced onto the Plan phase. Answer option D is incorrect. The manage phase describes the governance duties associated with the project execution and monitoring and controlling process groups. What are the phases of project governance in Project Portfolio Server? The phases of project governance in Project Portfolio Server are as follows:
1.Create: The Create Phase includes all the steps that carry a project from original idea to a complete initiative ready for selection and detailed planning.
2.Select: The Select Phase includes the steps that makes a project ready for funding approval. The projects in this phase go through the Optimizer module. They are either selected or rejected. The selected projects that need detailed planning can be exported to Project Server at this phase.
3.Plan: The Plan Phase includes the steps that set a project for the final approval before execution. The detailed plan for the project can be developed in Project Server during this phase. The Gateway may be used to refresh project data between Portfolio Server and Project Server as needed.
4.Manage: The Manage Phase includes all the steps that track an in-flight or completed projects. The Gateway may be used to refresh project data periodically to ensure that Portfolio Server has the most current and accurate information.