QUESTION NO: 1
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)?
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)?
Correct Answer: C
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QUESTION NO: 2
The CEO of an organization has requested a meeting with the portfolio manager to discuss the overall risks in achieving the portfolio objectives. Which information would be most beneficial for the portfolio manager to present during the meeting to demonstrate the likelihood of the portfolio's success?
The CEO of an organization has requested a meeting with the portfolio manager to discuss the overall risks in achieving the portfolio objectives. Which information would be most beneficial for the portfolio manager to present during the meeting to demonstrate the likelihood of the portfolio's success?
Correct Answer: B
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QUESTION NO: 3
Risk Management is integrated in all the other processes and process groups and is an integral recurrent activity throughout the portfolio life cycle. Which of the following is considered the most effective method for analyzing the effect of risks on portfolio strategic objectives, and determining whether they have high or low effect
Risk Management is integrated in all the other processes and process groups and is an integral recurrent activity throughout the portfolio life cycle. Which of the following is considered the most effective method for analyzing the effect of risks on portfolio strategic objectives, and determining whether they have high or low effect
Correct Answer: B
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QUESTION NO: 4
A new project manager has been assigned to a project in an approved portfolio. What should the portfolio manager do to ensure that the new project manager will be able to support the portfolio management requirements and processes?
A new project manager has been assigned to a project in an approved portfolio. What should the portfolio manager do to ensure that the new project manager will be able to support the portfolio management requirements and processes?
Correct Answer: D
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QUESTION NO: 5
A portfolio manager needs to continuously balance the need and requirements with the available resources to maintain a balanced portfolio and portfolio resources in order to optimize delivery.
Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to the organization level. This analysis comprises which of the following?
A portfolio manager needs to continuously balance the need and requirements with the available resources to maintain a balanced portfolio and portfolio resources in order to optimize delivery.
Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to the organization level. This analysis comprises which of the following?
Correct Answer: B
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QUESTION NO: 6
The portfolio undergoes a lot of changes through the portfolio life cycle, and the state of the portfolio changes on the go. Some components are terminated, other are added and initiated.
When it comes to the authorize portfolio process, which of the following represents the state of the portfolio
The portfolio undergoes a lot of changes through the portfolio life cycle, and the state of the portfolio changes on the go. Some components are terminated, other are added and initiated.
When it comes to the authorize portfolio process, which of the following represents the state of the portfolio
Correct Answer: A
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QUESTION NO: 7
Stakeholders are an integral part of the portfolio. The portfolio manager will work with the stakeholders to plan, execute and eventually deliver and close the portfolio. While developing the performance management plan, the portfolio manager plans a series of sessions with key stakeholders to define Key Performance Indicators (KPIs). What are these sessions collectively referred to in a portfolio?
Stakeholders are an integral part of the portfolio. The portfolio manager will work with the stakeholders to plan, execute and eventually deliver and close the portfolio. While developing the performance management plan, the portfolio manager plans a series of sessions with key stakeholders to define Key Performance Indicators (KPIs). What are these sessions collectively referred to in a portfolio?
Correct Answer: D
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QUESTION NO: 8
A portfolio manager is asked to expand a portfolio. However, executives have been adding new projects to the portfolio that do not align strategically. This negatively impacts existing components.
What should the portfolio manager do to resolve this situation?
A portfolio manager is asked to expand a portfolio. However, executives have been adding new projects to the portfolio that do not align strategically. This negatively impacts existing components.
What should the portfolio manager do to resolve this situation?
Correct Answer: C
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QUESTION NO: 9
Delays in many component projects have led to a decision to increase the frequency of the portfolio review meeting to every 2 months instead of quarterly in order to monitor the portfolio more closely, requiring a change in the frequency of reporting cycles. Where should the portfolio manager maintain this information?
Delays in many component projects have led to a decision to increase the frequency of the portfolio review meeting to every 2 months instead of quarterly in order to monitor the portfolio more closely, requiring a change in the frequency of reporting cycles. Where should the portfolio manager maintain this information?
Correct Answer: C
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QUESTION NO: 10
A newly assigned portfolio manager finds that there is no formal risk management process for the portfolio and that problems are not anticipated but are merely addressed when they arise. The portfolio manager's immediate response should be to develop a portfolio risk register focusing on components that:
A newly assigned portfolio manager finds that there is no formal risk management process for the portfolio and that problems are not anticipated but are merely addressed when they arise. The portfolio manager's immediate response should be to develop a portfolio risk register focusing on components that:
Correct Answer: C
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