Differentiate between project management and project portfolio management.

Question Two

What are the advantages and disadvantages of using virtual teams in IT project management?

Question Three

Imagine that your university is planning to launch a new online learning platform designed to enhance remote education. The platform features advanced analytics to help instructors monitor student progress, interactive tools such as quizzes and forums to increase engagement, and integration with existing university systems like the student information system and library resources.

As part of the strategic planning committee, you are tasked with conducting a SWOT analysis to evaluate the new online learning platform. Your analysis will help determine the strategic direction for the platform’s development and integration into the university’s curriculum.

Question Four

You are the project manager responsible for developing a new software application designed to enhance online customer service for a retail company. The project is expected to integrate with existing systems, provide a seamless user interface, and incorporate real-time chat capabilities.

Using the Project Management Institute’s (PMI) five process groups, outline a plan for managing this software development project.