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 handle this strategic change. Which of the following can serve as input here?

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

Correct Answer: D

Your team members were having a discussion about the contents of the Portfolio Charter and they came to you for advice because they could not agree on a common answer. What would be your advice to them?

1. A. Portfolio structure, scenario analysis, capability and capacity analysis
2. B. High-level scope and high-level timelines, critical success criteria and justification
3. C. Scope and timelines, all success criteria and justification
4. D. Scenario analysis, capability and capacity analysis

Correct Answer: B

The portfolio management information system is often a collection of spreadsheets rather than automated tools. An effective PMIS enables the portfolio manager to define, analyze, design, produce, and manage information systems to support a successful portfolio, and includes tools and processes such as:

1. A. Change or configuration management systems, Communication management processes and tools
2. B. Software tools, Risk database and analysis tools, Earned value management processes and tools
3. C. Financial management processes and systems, Communication management processes and tools
4. D. All of the options

Correct Answer: D

A number of components proposals are on the table as a result of the strategic planning cycle. While defining the portfolio, you wanted to make a preliminary screening of the proposed components in order to filter them based on the acceptance criteria. Which of the following techniques you use?

1. A. Weighted ranking and scoring
2. B. Categorization technique
3. C. Portfolio Component Inventory
4. D. Prioritization

Correct Answer: C

You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. The portfolio roadmap is used abundantly as an input to 7 processes. When it comes to managing portfolio value, how is the portfolio roadmap used?

1. A. Delays in delivery of portfolio component results may adversely affect the value derived from the portfolio
2. B. It is not used in managing the portfolio value
3. C. Dependencies shown at the roadmap level have negative impacts on the value realized
4. D. Dependencies shown at the roadmap level have positive impacts on the value realized

Correct Answer: A