Portfolios include a lot of work and as a portfolio manager you need to keep an eye on the value realization while maintaining the strategic alignment. You are currently aggregating value delivered by the portfolio components. Which of the following methods are helpful to you?

1. A. Elicitation techniques, Capability & Capacity Analysis, PMIS
2. B. Scenario Analysis, Capability & Capacity Analysis, Quantitative & Qualitative Analysis
3. C. Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis
4. D. Elicitation techniques, Value Scoring & Measurement Analysis, Benefits Realization Analysis

Correct Answer: D

Efficiency is highly regarded when managing a portfolio and spans all activities i.e. risk management, communication management, etc. A portfolio is considered efficient if it

1. A. lies above the curve
2. B. Minimizes risks to the maximum
3. C. lies below the curve
4. D. Has the best possible expected level of return for its level of risk

Correct Answer: D

You have just finished the development of the Portfolio Communication Management Plan. The portfolio team is looking for portfolio value assessment, status reports, and portfolio forecast with variance to plan. Where should they find this information?

1. A. Portfolio
2. B. None of the options
3. C. Portfolio Management Plan
4. D. Portfolio Process Assets

Correct Answer: D

Stakeholders are an integral part of the portfolio. The portfolio manager will work with the stakeholders to plan, execute and eventually deliver and close the portfolio. While developing the performance management plan, the portfolio manager plans a series of sessions with key stakeholders to define Key Performance Indicators (KPIs). What are these sessions collectively referred to in a portfolio?

1. A. Capability and Capacity Analysis
2. B. Communication Methods
3. C. Elicitation Techniques
4. D. Communication Requirements Analysis

Correct Answer: C

Your company changed its executives due to the lack of benefits realization and previous corruption issues. The new management has informed you that as of now, this will not change any process in the portfolio and everything will remain the same. However, only the risk tolerance for the organization will be impacted, what will you do as a portfolio manager?

1. A. Perform stakeholders analysis once again and change the organization risk tolerance in the portfolio communication management plan
2. B. Update the Strategic Plan
3. C. Assess the impact of the change along with the new management
4. D. Revise the roadmap to change the timeline due to the new risk profile

Correct Answer: B