Calculate the composite index for the following portfolio having CPI weight = 80% and SPI weight = 20%
A. 0.9
B. 1.5
C. 1
D. 1.1
When it comes to managing a portfolio, you have a variety of assets, plans and tools and techniques used.
It requires a good experience to handle all of these artifacts. One of your portfolio team members came to
you asking about the relation between the portfolio performance management plan, the portfolio
management plan and portfolio strategic plan.
What should your answer be?
A. The portfolio strategic plan is a subsidiary plan or a component of the portfolio management plan. The portfolio performance management plan is a separate plan
B. The portfolio performance management plan is a subsidiary plan or a component of the portfolio management plan. The portfolio strategic plan is a separate plan
C. The portfolio performance management plan is a subsidiary plan or a component of the portfolio strategic plan. The portfolio strategic plan is also incorporated within the portfolio management plan as
a part of it
D. The portfolio performance management plan and the portfolio strategic plan are both subsidiaries of the portfolio management plan
You are approaching a major checkpoint and right before the review meeting, one of the key stakeholders asked you to add a small component which is of high interest to her and requires minimal effort and spans a short duration. What should you, as a portfolio manager do?
A. Find out its strategic alignment and present it to the steering committee
B. Add it directly to the portfolio after prioritization because it is a quick project and it will have high value to a key stakeholder
C. Directly reject the request as it is unethical
D. Propose the request during the upcoming steering committee meeting
A portfolio manager needs to continuously balance the need and requirements with the available resources and needs 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. You are currently using it in the development of your charter. What is its purpose in this case?
A. Performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components
B. It enables the organization to achieve maximum portfolio benefits given current resource constraints
C. To study the capability of resources, match them against the portfolio's objectives and goals, and translate the capability into what capacity is possible to meet the portfolio demands
D. To understand how much work is able to be performed based on the resources available (capacity), as well as the ability of the organization to source and execute the selected portfolio
As part of the strategic alignment, you Rank strategic priorities working with key stakeholders and using qualitative and quantitative analyses in order to
A. Understand the strategic priorities
B. Create a basis for decision making
C. Create portfolio scenarios
D. Provide a guiding framework to operationalize the organizational strategic goals and objectives
You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the following are considered inputs to the Manage Supply and Demand process?
A. Portfolio, Portfolio Management Plan, Portfolio Reports, Portfolio Process Assets
B. Portfolio, Portfolio Management Plan, Portfolio Process Assets
C. Portfolio, Portfolio Management Plan, Portfolio Reports, Portfolio Components Reports
D. Portfolio, Portfolio Management Plan, Portfolio Reports
Your company, which has been in the blimp business for over 50 years, prides itself on its robust portfolio management process, which is especially useful now that the demand for blimps of various sizes is much greater than the capacity to produce them. One of the reasons the blimp company has been so successful
over the years is it has central management of all of its resources. This approach is important:
A. Since the various types of needed resources may be limited
B. To ensure the right resources are assigned
C. To monitor resource allocation
D. As a way to assess whether existing resources have the competencies to support the components in the portfolio
Your team members were having a discussion about the purpose behind the development of the Portfolio Charter and they came to you for advice because they could not agree on a common answer. What would be your advice to them?
A. To develop the Portfolio Management Plan
B. To authorize the portfolio manager to apply portfolio resources to portfolio components and to execute the portfolio management processes
C. To develop the Portfolio roadmap
D. To set specific timelines for the portfolio
Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently interviewing senior executive stakeholders and analyzing requirements and expectations for strategic change in order to re-align the portfolio. Which of the following tools and techniques are you currently using?
A. Stakeholder Analysis
B. Readiness Assessment
C. Gap Analysis
D. Change Analysis
As part of the strategic alignment, you Identify prioritization criteria (e.g., legislative, dependencies, ROI, stakeholder expectations, strategic fit) using information gathering and analysis techniques in order to
A. Create portfolio scenarios
B. Understand the strategic priorities
C. Create a basis for decision making
D. Provide a guiding framework to operationalize the organizational strategic goals and objectives
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