Question 1

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:

Options :

A : Conduct another survey

B : Hold some lessons learned sessions

C : Have a brainstorming session

D : Convene a focus group

Answer: C

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

Risk management is an integral part of project, program and portfolio management and is invoked throughout the project, program and portfolio life cycle. When it comes to managing portfolio risks, which of the following activities is used

Options :

A : Risk Response

B : Risk Assessment and Risk Response

C : Risk Planning

D : Risk Assessment

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

In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top

down when it comes to offering guidelines and approaches and becomes bottom up when the components

report status and progress to the portfolio. What is the relation between the portfolio and portfolio components

when it comes to defining the performance measures and targets (metrics)?

Options :

A : Portfolio metrics are not related to component metrics, each is used at its own level

B : Metrics are defined at portfolio level and given as guidelines to components in order to define their own metrics

C : Portfolio metrics used at the portfolio level are the same used at components level

D : Metrics are defined at components level and rolled up to the portfolio level

Answer: D

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