You are managing a portfolio linked to multiple business units and you set clear accountabilities from the beginning to avoid delays and to enhance the decision making process. Roles and Responsibilities are recorded in multiple portfolio documents. Where are the portfolio component managers roles and responsibilities stored?
A. Specifically the Communication Management Plan
B. Strategic Plan
C. Portfolio Management Plan
D. Portfolio Process Assets
During the portfolio lifecycle, components will be authorized, initiated, executed and closed accordingly. For authorizing the portfolio, as a program manager you will use which of the Which of the following tools and techniques?
A. PMIS, Authorization techniques, Scenario Analysis
B. PMIS, Authorization techniques
C. Authorization techniques, Scenario Analysis
D. PMIS, Authorization techniques, Review Meetings
You are managing a portfolio in a functional organization and resources are shared between operations and projects. You are continuously performing capability and capacity analysis in order to optimize the portfolio. Which of the following capability and capacity analysis is used to just limit the number of components the organization can execute?
A. Knowledge Basis
B. Financial
C. Human Resources
D. Assets
Each time a strategic change occurs, it requires a number of updates, and it includes the need to update the portfolio process assets including:
A. Timelines
B. Prioritization model
C. Lessons learned
D. Communication requirements
Assume your company is a leading producer of AA and AAA batteries. However, it is a competitive market, and customers desire batteries with a longer life and a smaller size so they will not require replacement. As you set up categories for portfolio components, you will continue to produce your current product line as well as pursue advanced products to meet customer needs. A useful component category, therefore, is:
A. Benefits
B. Business imperatives
C. Stakeholders
D. Technology capabilities
A new portfolio is initiated with you as the portfolio manager, you started by developing the portfolio strategic plan and are currently reviewing the Organizational Process Assets; which of the options can be a part of this input?
A. List of portfolio components and Portfolio component selection criteria
B. Portfolio Components files
C. Inventory of Work
D. IT Strategies and Policies
While managing portfolio value, you met with stakeholders and discussed how to address the strengths and weaknesses in order to ensure benefits are comprehensively and holistically taken into consideration. Which of the following tools and techniques are you performing?
A. Quantitative and Qualitative
B. SWOT
C. Benefits Realization
D. Value Scoring and Measurement
One of the junior portfolio managers learned that she needs to use the roadmap as an input to the portfolio management plan development. She does not understand why, and she came to you for advice. What is your advice to her?
A. Roadmap contains the portfolio structure which is used to structure the components for management through the portfolio management plan
B. Roadmap is not an input to this process
C. Roadmap provides the prioritization model to the portfolio management plan
D. High-level timelines in roadmap are used to define low-level schedule and timelines for portfolio components
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. Metrics are used for measuring the performance. They need to be meaningful in order to be able to provide clear and logical targets, and in order to be able to be measured. Which guideline is used in order to develop meaningful measures?
A. Specific, Meaningful, Achievable, Reachable, Timed
B. Specific, Measurable, Attainable, Realistic, Time bound
C. Specific, Meaningful, Accurate, Reachable, Timed
D. Strong, Meaningful, Accurate, Reachable, Timed
During the portfolio lifecycle, you will be using the roadmap a lot and you be using it to report progress to different stakeholders. When it comes to portfolio roadmap, which of the following options is true?
A. Roadmap are rarely updated, in contrast to the portfolio charter which gets frequently updated
B. Roadmap includes internal and external dependencies to other organizational areas
C. Roadmap is defined after the planning of all components is finished
D. Roadmaps incorporate all components and shows a graphical representation of the portfolio progress over time
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