Question 1

When initiating portfolio components and terminating other, you come up with updates to budget, funding and resources allocations. Where should these updates be recorded?

Options :

A : Portfolio Process Assets updates

B : Portfolio Management Plan updates

C : Portfolio Reports

D : Portfolio Updates

Answer: C

Question 2

A big strategic change occurred at the organization level and has impacted multiple portfolios in the organization including yours. The sponsor has asked you to analyze the change and update the needed documents. You managed this change and are currently updating the Portfolio Management Plan. Which of the following are part of this update

Options :

A : Portfolio Organizational Structure

B : Communication and Performance Management

C : Stakeholder Engagement

D : All of the options

Answer: D

Question 3

Risk management is an integral part of project, program and portfolio management and is invoked throughout the project, program and portfolio life cycle. Which of the following highlights the difference between portfolio risk and program or project risks?

Options :

A : Portfolio risks focus on strategies, whereas program and project risks focus on implementation

B : Portfolio Risks may be actively accepted in anticipation of high rewards, whereas, program and project level risks are not

C : Portfolio risks are the aggregation of subsidiary programs and projects risks

D : Portfolio risks can not be mitigated to other third parties, whereas program and project risks can

Answer: B

Question 4

One key artifact to review as the portfolio communications management plan is prepared is the:

Options :

A :

Portfolio management plan as it shows all elements in it have communications requirements

B :

Portfolio performance plan as it sets forth needed reports and their frequency

C :

Portfolio strategic plan since it shows the need for strategic alignment

D :

Portfolio benefits realization plan to determine reports on progress in benefit realization, transition, and

sustainment

Answer: A

Question 5

Performance reporting is important in a program and usually, the portfolio manager aggregates performance

information from the portfolio components in order to present the related reports. Which of the following

measures can be used in performance reporting?

Options :

A : Earned Value

B : Cost Sunk

C : All the options

D : CPI and SPI

Answer: C