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Your executive management has been recently undergoing a change from a functional organization to a projectized one and is currently assessing the volume of work that the organization can execute. Which of the following tools and techniques will decide the volume of work and components that the organization can execute?

A.

Weighted Ranking and Scoring

B.

SWOT Analysis

C.

Capability and Capacity Analysis

D.

Quantitative & Qualitative Analysis

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You are managing the strategic change and using multiple tools and techniques. What are they?

A.

Prioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis

B.

Scenario Analysis, Capability & Capacity Analysis

C.

Gap Analysis, Readiness Assessment, Stakeholder Analysis

D.

Strategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory

Each time the Portfolio Governance Group meets the goal is to review the existing components and any that are proposed to ensure the portfolio has the best mix to attain strategic objectives. As the portfolio manager, you find these meetings, if facilitated accordingly, are effective decision-making sessions. However, you tend to have open issues after every meeting. These open issues:

A.

Should be tracked in an issue register

B.

Are managed as described in the charter

C.

Are considered portfolio process assets

D.

Require an owner to manage them until they are closed

only, which has diversified its product line significantly in the last two years to keep up with its leading competitor located in a different state. Your executive management team learned the other cereal company had implemented portfolio management from a contractor and believes it is essential since the economy is struggling, and resources are constrained. Your first step has been to identify the existing operational work, projects, and programs as well as to learn about proposed components of the portfolio. This list:

A.

Was easy to obtain as you used what was available from the Enterprise Program Management Office

B.

Is part of the portfolio strategic plan

C.

Was gathered through interviews with people from each business unit

D.

Was prepared through questionnaires and the use of cross-functional focus groups

Working as the portfolio manager for your business unit of a major aerospace organization means you have a variety of programs, projects, and operational activities under way. You have set up a number of reports on the progress of the portfolio for your various stakeholders, but the best approach is to monitor the progress of the portfolio against:

A.

Organizational strategy

B.

Organizational goals

C.

Specific key performance indicators for the business unit

D.

Organizational critical success factors

Updates to schedules i.e. resource, funding, benefits, are results of Developing the Portfolio Performance Management Plan process. Where should these updates be recorded?

A.

Portfolio Management Plan updates

B.

Enterprise Environmental Factors Update

Portfolio Process Assets updates

C.

Portfolio update

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. When it comes to the optimizing portfolio, what is the purpose of using this analysis?

A.

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

B.

Performing resource leveling, project sequencing techniques and dependency analysis

C.

Performing Quantitative analysis and Sensitivity analysis

D.

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

Which of the following is NOT considered as a criteria for prioritization?

A.

Interdependency

B.

Number of Human Resources Required

C.

Legalities

D.

Strategic Alignment

As part of developing the Communication Management Plan, a portfolio manager executes the Communication Requirements Analysis, in addition to Stakeholders Analysis. Which of the following options in your opinion is a result of the Communication Requirements Analysis?

A.

Stakeholder matrix

B.

Communication Matrix

C.

All of the options

D.

Communication Strategy matrix

You work in a fairly small company where the PMO helps in providing oversight to support the portfolio management. In such organization, where are the PMO structure, responsibilities, and implementation approach documented?

A.

Portfolio Oversight section in Portfolio Management Plan

B.

Communication Management Plan

C.

Governance Model section in Portfolio Management Plan

D.

Strategic Management Plan