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

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 3

Strategies are changing, the portfolio mix is changing, the portfolio is progressing and you are doing a great

job optimizing the mix of components. What tools and techniques are you using in the case?

Options :

A :

Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization

B : Integration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques

C :

Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical

Methods, Quantitative & Qualitative Analysis, PMIS

D :

Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical

Methods, Quantitative & Qualitative Analysis

Answer: D

Question 4

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:

Options :

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

Answer: D

Question 5

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