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. What you use to perform this?
A. Elicitation techniques, Value Scoring and Measurement Analysis, Benefits Realization Analysis
B. Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis
C. Elicitation techniques, Capability and Capacity Analysis, PMIS
D. Scenario Analysis, Capability and Capacity Analysis, Quantitative and Qualitative Analysis
Managing value is key to success as portfolio are undertaken to ultimately deliver an outcome that is
strategically aligned and which delivers value to the organization. While managing value, the portfolio
manager invokes the Benefits Realization Analysis activity.
Which of the following is part of this activity?
A. Assessing Changes, dependencies and impacts
B. Indicating Resource bottlenecks and over or under allocations
C. Allowing the portfolio's governing bodies to evaluate the expected net benefits of a given portfolio or portfolios to prioritize portfolio efforts
D. All of the options
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. Risk Tolerance
B. Assets
C. Financials
D. Human Resources
Even though you do not work in an industry that is heavily regulated by your government, such as in new product development, health, or safety, recently your government issued a mandate that senior management of all corporations must certify the accuracy of reported financial statements to prevent any accounting fraud. These controls are to be implemented in the next fiscal year. This obviously is not in your portfolio strategic or management plans but is an example of a(n):
A. Mandated component
B. Enterprise environmental factor
C. Strategic change
D. Emergent program
With the introduction of new legislation in your company, anyone now is entitled to medical services regardless of whether or not they are employed or have any pre-existing health conditions. Your insurance company's executives have been tracking this legislation as it means significant changes for your company; many employers who obtained insurance through your company may go elsewhere for lower costs. Recognizing this legislation may lead to a loss of revenue, your company decided to merge with another insurance firm to obtain greater market share. This merger, though, means some existing projects may not be needed, and the workforce will be reduced by 20 percent, Such a significant change will impact how components are categorized in your portfolio leading to:
A. The need for a re-constituted oversight group
B. Portfolio rebalancing
C. A requirement to update the portfolio management plan
D. A new portfolio prioritization model
You are currently in the process of defining a portfolio by forming the qualified list of components that will be later evaluated, selected and prioritized. What do you expect as outputs from this process?
A. Portfolio Management Plan updates, Portfolio Roadmap updates, Portfolio updates
B. Portfolio Management Plan updates, Portfolio Roadmap updates, Portfolio updates, Portfolio Strategic Plan updates
C. Portfolio Strategic Plan updates, Portfolio Roadmap updates, Portfolio updates
D. Portfolio Strategic Plan update, Portfolio Management Plan updates
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?
A. Capability and Capacity Analysis
B. Communication Methods
C. Elicitation Techniques
D. Communication Requirements Analysis
Throughout the course of the portfolio lifecycle, components are initiated, terminated and updated. In order to be initiated, portfolio components receive go/no-go decisions during governance meetings. During which process the go/no-go decisions are taken?
A. Review Meetings
B. Provide Portfolio Oversight
C. Authorize Portfolio
D. Manage Strategic Change
You are working diligently to ensure people throughout the organization realize the importance of portfolio management. To do so, you are preparing a communications strategy. When you distribute it, you will be able to show you can satisfy information requirements in order to:
A. Show the data you plan to collect will be analyzed
B. Provide credibility for a portfolio management process
C. Meet the organization's objectives
D. Push information to stakeholders on portfolio status
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 developing the charter, and in order to complete the portfolio structure, the capability and capacity analysis is used to
A. Measure the internal resource capacity and establish the external resources availability
B. Measure internal and external resources capabilities and capacities
C. Measure the internal resource availability and establish the external resources capacity
D. Measure availability and capability of internal resources and forecast the use of external resources
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