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Portfolio Reports are widely used as inputs and outputs to multiple processes throughout the Portfolio Life Cycle. Which of the following is NOT part of portfolio reports?

A.

None of the options

B.

Updates in resources, risks/issues, value/benefits, performance, and financials

C.

Governance Recommendations

D.

Feedback report to organizational strategy planning

As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Stakeholder matrix is one of the prepared documents, what does it include?

A.

Stakeholders quadrants showing the level of interest and influence

B.

Stakeholders roles, interests, expectations and groups

C.

Intended recipients, communication vehicles, frequency and communication areas

D.

Representation of all of the communication for the portfolio and their frequency over a period of time

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, update to reflect the change to the timeline?

A.

Communication Management Plan

B.

Portfolio Management Plan

C.

Portfolio Strategic Plan

D.

Portfolio Roadmap

Stakeholders have complained to you that they are receiving redundant information and they prefer that you fix the issue promptly as it is time consuming for them. What is your best course of action?

A.

Explain to the stakeholders why it is important that they keep receiving this information

B.

Re-assess and re-write the Communication Management Plan after analyzing the stakeholders again

C.

Escalate the issue to the governance board and ask them to take a decision regarding it

D.

Update the communication matrix and remove them from it

Working to prepare the communications plan, a best practice to follow is to use the roadmap. By doing so, it:

A.

Shows the overall portfolio timeline, useful for determining the frequency of reporting

B.

Provides information about interdependencies that may affect objectives

C.

Emphasizes milestones and the timing of key benefits

D.

Shows applicable constraints

Initiatives in the companies aim to deliver values. For a portfolio, the value is delivered through a mix of components with similar strategic goals and objectives. Multiple components can contribute in the realization of the same organizational value. While managing the portfolio value, how do you depict the relationships between components in achieving value?

A.

Cumulative distribution

B.

Cause and effect relationships between the portfolio components that are needed to deliver planned benefits

C.

Outcome probability analysis

D.

Set realistic targets in line with stakeholder risk tolerances

As a portfolio manager, you map the business value areas to each component in your portfolio in order to maintain alignment with the organizational strategy. What is the mechanism that will be used for tracking areas of measurement for assessing how the mix of portfolio components is performing?

A.

Benefits Realization

B.

Performance Metrics

C.

Manage Portfolio Value

D.

Portfolio Roadmap

Your company's new CEO has set an aggressive target and informed everyone that the target needs to be met by all means in order for the company to be able to realize benefits and avoid bankruptcy. What is the best management approach that the portfolio manager should take in this case?

A.

Directing

B.

Advising

C.

Leading

D.

Supporting

The company's management is not happy with the bared risk for the expected Portfolio value return and has reached a subject matter expert to try to re-align the risk level with the management expectations. The expert stated that it is preferable to diversify the portfolio components in order to get more results. In that case, you

A.

Disagree with the expert because the company should have came to you before reaching an outside-party

B.

Disagree with the expert because diversification will bring more complexity, thus more risks

C.

Agree with the expert because he is the expert and you should abide by his recommendations

D.

Agree with the expert because diversification in a portfolio may allow for the same portfolio expected return with reduced risk

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. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following is not a risk strategy?

A.

Scenario Analysis

B.

Fallback Plan

C.

Strategies for both threats and opportunities

D.

Response Strategy Selection