With the increasing use of drywall, your company, which has been in the plaster business for over three generations, is finding it harder to maintain a share of the market and to achieve a positive return on its investments. Three years ago, the corporate executives implemented a portfolio process, and they serve as the Portfolio Governance Council. They meet monthly, and after each meeting, you prepare a report of their decisions. This report is:
A. Sent to all employees in the company as it focuses on employee empowerment and involvement
B. Distributed only to the Governance Council to serve as a record of their meetings
C. Is used to authorize the portfolio
D. Is used to analyze the effects of their decisions on the company's portfolio
Enterprise environmental factors (EEFs) may constrain portfolio management options and may have a positive or negative influence on the outcome. Which of the following is not considered part of the EEFs?
A. Personnel administration
B. Stakeholder risk tolerances
C. Existing human resources
D. Component Managers Roles and Responsibilities
One of the stakeholders of one of your components came to you complaining that his manager is not receiving specific information on multiple components progress. What is your best course of action?
A. Raise the issue to the governance board as you have already analyzed this manager
B. Send the manager the needed information asked by the stakeholder
C. Meet the manager and understand what information is required
D. Add the manager to the weekly reports distribution list where there is a lot of information on the components
Your portfolio has encountered a big issue and multiple management decisions have been taken in order to re-align the portfolio with the strategic objectives. What is the tool that you use in order to report major risks and issues to stakeholders?
A. Portfolio Management Plan
B. Portfolio Risk Register
C. Portfolio Reports
D. Portfolio Status Reports
Working previously in the financial industry and studying finance and risk in graduate school, you are familiar with Markowitz's Efficient Frontier theory. Now assume you are the portfolio manager for a state government agency. Your agency has a reputation of being risk adverse but given recent budget cuts, you have convinced your executive team it needs to pursue some new programs and projects to demonstrate its benefits to the state. You decided to apply the Efficient Frontier concepts to show them the current state of its components in terms of risk and associated costs. You explained the portfolio is efficient if it has:
A. A mix of components--from high risk/high return to low risk/low return
B. The ability to quantify the value of risk in monetary terms
C. The possible overall portfolio value with the greatest possible benefits
D. The best possible expected level of return for its level of risk
As part of developing the Communication Management Plan, a portfolio manager executes the Communication Requirements Analysis, in addition to Stakeholders Analysis. Which of the following options in your opinion is a result of the Stakeholders Analysis?
A. All of the options
B. Communication Matrix
C. Communication Strategy matrix
D. Elicitation technique
Assume you are the portfolio manager for a company that specializes in software, including portfolio management software. It has many components under way to enhance the existing product line but also to move the company into Cloud computing. You regularly prepare reports on the portfolio status but lately have had a large number of stakeholders request ad hoc reports. You decided to survey your stakeholders to learn about their information needs. You next decided to hold some one-on-one interviews with several interested and influential stakeholders in terms of communications requirements. From these interviews you are concerned that some stakeholder groups may be missing so you decided to:
A. Conduct another survey
B. Hold some lessons learned sessions
C. Have a brainstorming session
D. Convene a focus group
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 have developed a robust performance management plan. What is expected to be found in this plan?
A. Identified stakeholder expectations
B. Resources required by type and quantity
C. Resource optimization and Benefits Realization
D. Portfolio Vision and measurable goals and guidance
As a portfolio manager you visit and re-do the Optimize Portfolio process continuously. Which of the following, in your opinion, is the objective/purpose of the Optimize Portfolio Process?
A. Balance the portfolio for performance and value delivery
B. Make Governance Decisions
C. Create an up-to-date list of qualified portfolio component
D. Allocating resources to develop component proposals or execute portfolio components
When managed correctly, the balanced scorecards can change the way an organization does business. Balanced scorecards keep focus on results. As a portfolio manager, you use the balanced scorecards while developing the Portfolio Management Plan in order to
A. Ensure alignment to organizational strategy and objectives
B. Ensure alignment to investment risk, and dependencies
C. Ensure alignment to expected return on investment (ROI)
D. All of the options
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