Stakeholders expectations and requirements change throughout the portfolio life cycle. New stakeholders can be added or removed and requirements need to be continuously solicited in order to keep the portfolio aligned with stakeholders expectations. What is the process for soliciting requirements called?
A. Communication Requirements Analysis
B. Elicitation
C. Stakeholder Analysis
D. Communication Methods
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 Communication 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 Communication management plan. Which of the below is used while developing this plan?
A. Scenario Analysis, Capability and Capacity Analysis, Quantitative and Qualitative Analysis
B. Elicitation techniques, Capability and Capacity Analysis, PMIS
C. Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis
D. Elicitation techniques, Value Scoring and Measurement Analysis, Benefits Realization Analysis
Portfolios include a lot of work and as a portfolio manager you need to keep an eye on the value realization while maintaining the strategic alignment. You are currently aggregating value delivered by the portfolio components. Which of the following methods are helpful to you?
A. Elicitation techniques, Capability and Capacity Analysis, PMIS
B. Scenario Analysis, Capability and Capacity Analysis, Quantitative and Qualitative Analysis
C. Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis
D. Elicitation techniques, Value Scoring and Measurement Analysis, Benefits Realization Analysis
Assume you work for a technology company that is publically owned, and the value of its stock is tracked daily by the CFO and is reported to the portfolio manager. Quarterly meetings are held with stockholders as the company went public through an Initial public offering (IPO) last year. These stockholders:
A. Have different communications requirements than other stakeholders
B. Typically receive information as to the portfolio health before each meeting
C. Want to attend all Portfolio Review Board meetings
D. Are considered external stakeholders
Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, update to reflect how the new strategy will be implemented?
A. Portfolio Strategic Plan
B. Portfolio Management Plan
C. Portfolio Roadmap
D. Communication Management Plan
As the Director of the Portfolio Management Office at your worldwide furniture store, you prepare a series of reports on the status of the portfolio. One report that you use is a bubble diagram. In using it in terms of resource supply and demand, you should structure it to show:
A. Required resources and available resources
B. Resource availability and life cycle phase
C. Resource competency and component probability of success
D. Resource importance and probability of success
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. You are currently developing the Risk Management Plan. What can you use as inputs to this process?
A. Portfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise Environmental Factors
B. Portfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors
C. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise Environmental Factors
D. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio
An organization decided to increase its business by 80% and approach new different clients. This strategy is followed because previously this organization was depending with its sales on only one client. With this new approach, you can describe the organization as being
A. Pessimistic
B. Risk Averse
C. Risk Taker
D. Optimistic
As a portfolio manager you will use a variety of artifacts and documents that will help you better manage the portfolio and better communicate progress and status with stakeholders. The roadmap is considered the most used document in the portfolio and eases your work being able to present the status on a single graphical representation. Early on during the portfolio lifecycle, you prepare the roadmap. An output of this process is
A. Portfolio update, Portfolio Charter update, Portfolio Roadmap
B. Portfolio Roadmap
C. Portfolio update, Portfolio Roadmap
D. Portfolio Charter update, Portfolio Roadmap
You work in a fairly small company where the PMO helps in providing oversight to support the portfolio management. In such organization, where are the PMO structure, responsibilities, and implementation approach documented?
A. Portfolio Oversight section in Portfolio Management Plan
B. Communication Management Plan
C. Governance Model section in Portfolio Management Plan
D. Strategic Management Plan
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