You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the performance closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you are developing a robust performance management plan. What can you use to help you start developing this plan?
A. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio
B. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise Environmental Factors
C. Portfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors
D. Portfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise Environmental Factors
Assume after the acquisition of the natural gas transmission company by your company, a natural gas distribution company, was approved by the various regulatory agencies. You now are overseeing more components with this acquisition as the portfolio manager. While you had each of the components in your company set up in various categories, this approach had not been followed by the transmission company. You explained to its portfolio manager and staff such an approach enables:
A. Common criteria for portfolio optimization
B. A similar approach to track contribution to strategic goals
C. A way to set up a common set of decision filters
D. An alignment with the prioritization model
Working to prepare the communications plan, a best practice to follow is to use the roadmap. By doing so, it:
A. Shows the overall portfolio timeline, useful for determining the frequency of reporting
B. Provides information about interdependencies that may affect objectives
C. Emphasizes milestones and the timing of key benefits
D. Shows applicable constraints
Consider you are a veteran portfolio manager and that you are managing the most important portfolio in your company. What are the processes you execute as part of the portfolio governance?
A. Define Portfolio and Optimize Portfolio
B. Portfolio Performance Management and Portfolio Communication Management
C. Portfolio Management Plan and Portfolio Strategic Plan
D. Define Portfolio and Authorize Portfolio
In your portfolio some of the programs and projects that are being pursued will realize benefits throughout the program and project's life cycle, while others will not realize the benefits until the program or project is closed or years later. This means as the portfolio manager, you should:
A. Prepare a portfolio benefit realization plan
B. Set up KPIs to document progress in benefit realization
C. Include portfolio benefits, results, and expected value in the portfolio strategic plan
D. Distribute regular reports on benefit realization as part of the portfolio communications management strategy
The Monitor Portfolio Value process, while ongoing, has proved to be successful as you work to implement portfolio management. Within six months, you were able to show the usefulness of a simple scoring model to the Oversight Group, and they requested a more sophisticated approach in which weights could be assigned to criteria. This shows:
A. An acceptance of portfolio management in the organization
B. The usefulness of the portfolio roadmap
C. A link between using scoring models and benefits analysis
D. The importance of documenting lessons learned
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 limit the number OR size of components the organization can execute?
A. Knowledge Basis
B. Financial
C. Human Resources
D. Assets
You are managing a large construction portfolio. Recently, and due to budget cuts, you have been having resources issues on multiple initiatives and has been struggling with maintaining a healthy resource allocations. You are currently analyzing the capability and capacity for scarce machinery resources shared across three major programs in the portfolio. What are you currently applying?
A. Finite Capacity planning
B. Resource Schedules
C. Resource Management Tools
D. Resource Smoothing
While managing a program for the banking sector spanning multiple transformational areas. A new portfolio manager comes to you seeking advice on the usefulness of ROI. You tell her that ROI is the best method to measure returns of
A. Short Duration and High Risk
B. Long Duration and High Risk
C. Short Duration and Low Risk
D. Long Duration and Low Risk
While defining the portfolio, a portfolio manager does a preliminary comparison of all inventoried portfolio components against the portfolio component definition. For this, the descriptors of each portfolio component are used in order to compare it to other components. Which of the following is not a component key descriptors?
A. Component Customer
B. Urgency
C. Resources Required
D. Component Number
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