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One of your team members who is particularly interested in becoming a portfolio manager has asked you what is the relation between the Portfolio roadmap and the Programs/Projects roadmaps? What should be your answer to him?

A.

Program and Project roadmaps may be included in the portfolio roadmap

B.

There is no relation whatsoever

C.

Program and Project roadmaps are more detailed and less strategically aligned

D.

Portfolio roadmaps are high level approaches for program and project roadmaps

In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top down when it comes to offering guidelines and approaches and becomes bottom up when the components report status and progress to the portfolio. What is the relation between the portfolio and portfolio components when it comes to defining the performance measures and targets (metrics)?

A.

Portfolio metrics are not related to component metrics, each is used at its own level

B.

Metrics are defined at portfolio level and given as guidelines to components in order to define their own metrics

C.

Portfolio metrics used at the portfolio level are the same used at components level

D.

Metrics are defined at components level and rolled up to the portfolio level

A junior Portfolio manager has come to you for advice. He is hearing a lot about the focus of portfolio management practices, however, he is not sure anymore of the exact answer. What do you, as an experienced portfolio manager tell him?

A.

Portfolio is undertaken to produce deliverables that support specific organizational objectives

B.

Portfolio is undertaken to achieve one or more organizational strategies and objectives

C.

Portfolio is undertaken to achieve benefits

D.

Portfolio is undertaken to handle operational daily activities

Manage supply and demand comes down to balancing the requirements with what is available. Resource requirements are a major input to the manage supply and demand process. Which of the following inputs to this process contains resource requirements?

A.

Portfolio Process Assets (PPAs)

B.

Portfolio

C.

Portfolio Management plan

D.

Portfolio Charter

In a portfolio, data is an abundant asset, and managing the information aiming for a better decision making is critical. For this you use a variety of Quantitative and Qualitative analysis methods. Considering that you are currently working to quantitatively measure component values, however a few components have intangible benefits and can not be measured using quantitative analysis. How do you plan to proceed?

A.

Subject Matter Experts

B.

Benefits Realization

C.

Using assumptions

D.

Scoring models

The audit department has found out that two of the departments have conflicting standards and have asked you to analyze and compare them in order to be able to take a decision which could impact the portfolio alignment. Which analysis will you use to compare conflicting standards in different departments

A.

Capacity Analysis

B.

Force Field Analysis

C.

Qualitative Analysis

D.

Quantitative Analysis

The portfolio management information system is often a collection of spreadsheets rather than automated tools. An effective PMIS enables the portfolio manager to define, analyze, design, produce, and manage information systems to support a successful portfolio, and includes tools and processes such as:

A.

Change or configuration management systems, Communication management processes and tools

B.

Software tools, Risk database and analysis tools, Earned value management processes and tools

C.

Financial management processes and systems, Communication management processes and tools

D.

All of the options

You are the portfolio manager for a large and complex portfolio with a low risk appetite. You are currently planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes. Which of the following tools focuses on pricing and sales forecast?

A.

Market Payoff variability

B.

Trade-Off Analysis

C.

Market Requirement Variability

D.

Budget Variability