Question 1

Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently determining the volume of work required to do in order to re-align the portfolio. What are you currently using?

Options :

A : Change Analysis

B : Gap Analysis

C : Readiness Assessment

D : Stakeholder Analysis

Answer: B

Question 2

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 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

You have been recently assigned to manage a new portfolio that is supposed to shift the company from silo-based to a projectized one. You are in the process of initiating the portfolio. You are currently developing the strategic plan. Upon finishing it, you are expected to present

Options :

A : Portfolio Strategic Plan and Portfolio Process Assets updates

B : Portfolio Strategic Plan and Portfolio

C : Portfolio Strategic Plan

D : Portfolio Strategic Plan and Inventory of Work

Answer: B

Question 5

A portfolio manager needs to continuously balance the need and requirements with the available resources and needs to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to optimizing portfolio, what is the purpose of using this analysis?

Options :

A : To study the capability of resources, match them against the portfolio’s objectives and goals, and translate the capability into what capacity is possible to meet the portfolio demands

B : Performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components

C : To understand how much work is able to be performed based on the resources available (capacity), as well as the ability of the organization to source and execute the selected portfolio

D : It enables the organization to achieve maximum portfolio benefits given current resource constraints

Answer: D

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