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1. Define programme management?

A group of projects that are managed in a co-

ordinated way to gain benefits that would not be possible werethe 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 Many simultaneous

projects

One project at a time

2 Personal relationship with

skilled resources

Impersonal relationship

with resource type

3 Need to maximize

utilization of resource

Need to minimize

demand for resources

4 Projects tend to be similar Projects tend to be

dissimilar

4. What is the program mandates to create a program?

The new services or capabilities the programmeshould 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.

5. What are the feasibilities to study program brief?

Vision Statement

Benefits

Risks and issues

Estimated cost, timescales and effort.6. What are the capabilities to improve the achievement

of blueprint?

Business models outlining the processes required.

Organizational Structure

Information systems, equipment and other, non-

staff, 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 co-ordinated 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 Many simultaneous

projects

One project at a time

2 Personal relationship with

skilled resources

Impersonal relationship

with resource type

3 Need to maximizeutilization of resource

Need to minimizedemand for resources

4 Projects tend to be similar Projects tend to be

dissimilar

4. 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.5. What are the feasibilities to study program brief?

Vision Statement

Benefits

Risks and issues

Estimated cost, timescales and effort.

6. What are the capabilities to improve the achievement

of blueprint?

Business models outlining the processes required.

Organizational Structure

Information systems, equipment and other, non-

staff, 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 informationrelating 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 benefitsprofile)

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 designiii. Build common systems

iv. Relocate officesv. 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 capabilityor 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 asa 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 informationrelating 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 benefitsprofile)

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 designx. Build common systems

xi. Relocate officesxii. Training

xiii. Data migrationxiv. 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

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Revenue enhancement/acceleration

Strategic fit.

12. List out the quantifying benefits?

Quantified and valued - that is a direct financial

benefit is experienced

Quantified but not valued - for example, a decreasein 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 ofcarrying 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. Suchexpenditure 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 theaccount in rate of return (ARR), provides a way of comparing

the net profitability to investment required.

12. List out the quantifying benefits?

Quantified and valued - that is a direct financial

benefit is experienced

Quantified but not valued - for example, a decreasein 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 benefitanalysis?

Identify and estimating all of the cost and benefits ofcarrying 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 asstaff 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 withthe 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 theaccount 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 mightnot be directly comparable with earnings from other

investments or the costs of borrowing capital. Such costs areusually 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.

18. Calculate ROI (or) ARR?

19. Define NPV?

The calculation of the net present value is the projectevaluation 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 mightnot 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 ratethat we would produce an NPV of zero.