Summer Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: exc65

You are the portfolio management for a big corporate with existence in 3 continents. While planning the performance management and in particular the dashboards and reporting tools, which of the following options is the most important to account for the different geographical locations?

A.

Organizational Process Assets

B.

Portfolio Process Assets

C.

Enterprise Environmental Factors (EEFs)

D.

A good sponsor to back you up

You are working diligently to ensure people throughout the organization realize the importance of portfolio management. To do so, you are preparing a communications strategy. When you distribute it, you will be able to show you can satisfy information requirements in order to:

A.

Show the data you plan to collect will be analyzed

B.

Provide credibility for a portfolio management process

C.

Meet the organization's objectives

D.

Push information to stakeholders on portfolio status

You have a portfolio component that is using earned value analysis. It is at the 15% point of completion, and it is evident that it cannot be completed as planned. Adding resources will not solve the problem, and at the last Portfolio Review Board meeting, the Board members decided to terminate this component based on its various risks. They then decided the resources allocated to this component could be transferred to other portfolio components enhancing their early completion and avoiding risks from competitors. As the portfolio manager, you:

A.

Worked with the component managers to ease the transition

B.

Documented these decisions in portfolio reports

C.

Set up both quantitative and qualitative metrics to determine the usefulness of adding resources to the other components

D.

Met with the affected component managers and their teams to explain these changes

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. Risk Categories, criteria and probability and impact are updated as a result of Developing the Risk Management Plan. These updates are recorded in which of the following?

A.

Portfolio Management Plan updates

B.

Portfolio Process Assets updates

C.

Organizational Process Assets updates

D.

Portfolio Reports

Due to multiple occurrences of risk realization, the CEO has asked you to re-assess the portfolio risks once again. Up to what level in the organization do you go when you need to assess risks?

A.

Operational

B.

All Organizational Levels

C.

Functional

D.

Internal to the portfolio

Portfolio management processes are performed in an environment broader than a portfolio; therefore, an organization-level implementation team supported by executive management, a governing body, and portfolio managers join forces to implement organization-level portfolio management processes. After Defining roles and responsibilities for portfolio management process implementation, what should be the FIRST next step?

A.

Define and deploy detailed portfolio management processes and provide training to staff and stakeholders.

B.

Changing business processes

C.

Developing the Portfolio Strategic Plan

D.

Communicate the portfolio management implementation plan

You have been assigned as a consultant to give your expertise on a failing portfolio which is critical to the success of your client's organization. You are now in the process of reviewing the portfolio management plan. What do you expect to see as part of this plan?

A.

Portfolio Justification, high-level scope and high-level timelines

B.

Vision for the portfolio, which is based on the alignment with the organization’s goals and objectives

C.

Balancing portfolio and managing dependencies

D.

The major components of the portfolio which are aligned chronologically to achieve portfolio value

Assume at this point as the portfolio manager in your mattress company, you are activating portfolio components, updating portfolio reports, and documenting the decisions made at the recent Portfolio Governance Committee meeting as the company moves into new markets. You are therefore:

A.

Communicating decisions to all stakeholders

B.

Maintaining a decision log from the Committee meeting

C.

Updating the portfolio strategic plan

D.

Authorizing the portfolio

Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, change to reflect the new stakeholders and their expectations?

A.

Communication Management Plan

B.

Portfolio Roadmap

C.

Portfolio Strategic Plan

D.

Portfolio Management Plan

In a portfolio, data is an abundant asset, and managing the information aiming for a a better decision making is critical. For this you use a variety of Quantitative and Qualitative analysis methods. These methods are performed in 4 of the portfolio management processes and serve a slightly different purpose in each and every one of them. Considering that you are currently performing risk assessment and handling risk responses, how can you make use of the quantitative and qualitative analysis?

A.

Performing resource leveling, project sequencing techniques and dependency analysis

B.

Performing Cost-benefit analysis, quantitative analysis, scenario analysis, probability analysis, SWOT analysis, Market/competitor analysis and business value analysis

C.

Performing Status and trend analysis, Rebalancing methods, Investment choice tools, exposure charts

D.

Performing Quantitative analysis and Sensitivity analysis