Valuable Investment- Prioritization Technique

Question 1

Practice that continually prioritizes service offerings based on value, incorporating the cost of delay.

Answer 1

Portfolio management

Question 2

Practice associated with calculating the financial cost of open problems and errors in order to prioritize and direct problem management efforts.

Answer 2

Problem management

Question 3

Practice associated with comparing the costs of workarounds with those of longer-term solutions

Answer 3

Problem management

Question 4

Practice associated with calculating the financial impact of performing or delaying project work.

Answer 4

Project management

Question 5

Practice associated with calculating the financial impact of delaying work on new software features or larger software-based service components.

Answer 5

Software development and management

Question 6

Practice associated with deciding whether to obtain or build software components.

Answer 6

Software development and management