Question 1

You have been managing a complex portfolio for the banking industry and it is sought to be the shifting to the

top-notch digital banking era for one of the major international banks. You know you will have changes along

the lifecycle and you plan to manage them correctly in order to maintain alignment and correct execution. If

you need to reflect changes based on cost, requirements, and schedule. To which of the following section in

the portfolio management plan will you refer?

Options :

A : Performance management

B : Manage strategic change

C :

Resource management

D : Change control and management

Answer: D

Question 2

Portfolio managers tend to use the efficient frontier analysis as a modeling approach that gives decision

makers the analytical tool to optimize portfolios given resource constraints such as risk. Consider that your

company is risk-averse, on which side of the efficient frontier curve should the undertaken portfolios lie?

Options :

A : Below the curve

B : Along the lower bounds of the curve

C : Above the curve

D : Along the upper bounds of the curve

Answer: B

Question 3

You have a portfolio component that is using earned value analysis. It is at the 15% point of completion, and it

is evident that it cannot be completed as planned. Adding resources will not solve the problem, and at the last

Portfolio Review Board meeting, the Board members decided to terminate this component based on its various

risks. They then decided the resources allocated to this component could be transferred to other portfolio

components enhancing their early completion and avoiding risks from competitors. As the portfolio manager,

you:

Options :

A :

Worked with the component managers to ease the transition

B : Documented these decisions in portfolio reports

C : Set up both quantitative and qualitative metrics to determine the usefulness of adding resources to the other components

D : Met with the affected component managers and their teams to explain these changes

Answer: B

Question 4

Assume you are helping the Portfolio Review Board select and implement the portfolio with the best alignment to strategy as you work to create a list for to be considered for prioritization. One possible component on the surface does not seem to be one that is profitable, but you believe that over time changes will occur that will make it cost/beneficial to pursue. This means you are using:

Options :

A : Market analysis

B : Business value analysis

C : Scenario analysis

D : Options analysis

Answer: D

Question 5

Portfolio Prioritization Model is included in the Portfolio management plan and guides the ongoing decisions

as to which portfolio components should be added, terminated, or changed; which of the following is correct

regarding the Prioritization Model purpose and content?

Options :

A : All of the options

B : Ensures benefits are comprehensively and holistically taken into consideration

C :

Contains criteria to ensure alignment to strategic goals, expected return on investment (ROI), investment

risks, and dependencies

D : Establishes and tailors the decision-making rights and authorities

Answer: C