You are the portfolio manager for a family business company who had an old CEO reluctant to change and to taking risks. The board has decided with the support of the president to change the CEO and assign a new one. The executive directors along with the president have as well advised the new CEO to be more aggressive. Which of the following documents need to be updated in this case?

1. A. Portfolio Performance Plan
2. B. Portfolio Charter
3. C. Portfolio Management Plan
4. D. Strategic Plan

Correct Answer: D

You are the portfolio manager in a large organization including a diversity of stakeholders. From the start, you knew the importance of correctly managing the stakeholders requirements and concerns and you grouped them in order to

1. A. Group stakeholders as internal and external
2. B. Facilitate stakeholders identification
3. C. Group stakeholders from the same functional area
4. D. Group stakeholders having same concerns and interests

Correct Answer: B

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You have just finalized managing the strategic change and you are expected to present the following documents:

1. A. Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update
2. B. Portfolio Strategic Plan update, Portfolio Management Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update
3. C. Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Organizational Process Assets update
4. D. Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Organizational Process Assets update, Portfolio Management Plan update

Correct Answer: B

While aggregating data from component reports in order to present the portfolio status to the governance board on an upcoming review meeting, which of the following is the most important thing to do?

1. A. Disseminating the status to related stakeholders mentioned in communicationmanagement plan before the review meeting
2. B. Updating the portfolio communication management plan
3. C. Disseminating the status to all stakeholders before the review meeting
4. D. Perform Communication Requirements Analysis

Correct Answer: D

You are managing a portfolio for a major car dealer in the region and due to diversity of locations, funding terms and your client's corporate structure, you have a big number of components to be included in the portfolio. With such a huge number, you need to prioritize the components in order to prepare the mix of components to execute. Where can you find the prioritization model?

1. A. Portfolio Strategic Plan
2. B. Portfolio Charter
3. C. Portfolio Roadmap
4. D. Portfolio Risk Management Plan

Correct Answer: A