Your CEO is keen to know the expected value of multiple components that interest him and wants you to give him a comparison of the expected value across components. You are currently looking for a tool to facilitate comparison of expected value across components and support informed portfolio decision making. What are you looking for?

1. A. Manage Portfolio Value
2. B. Portfolio Strategic Plan
3. C. Value Measurement Framework
4. D. Portfolio Process Assets

Correct Answer: C

In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top down when it comes to offering guidelines and approaches and becomes bottom up when the components report status and progress to the portfolio. What is the relation between the portfolio and portfolio components when it comes to defining the performance measures and targets (metrics)?

1. A. Portfolio metrics are not related to component metrics, each is used at its own level
2. B. Metrics are defined at portfolio level and given as guidelines to components in order to define their own metrics
3. C. Portfolio metrics used at the portfolio level are the same used at components level
4. D. Metrics are defined at components level and rolled up to the portfolio level

Correct Answer: D

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. The Portfolio Risk Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding its purpose and focus?

1. A. Updates standard criteria to allow the portfolio team to assess the risks that are identified
2. B. Identifies recipients for information associated with the portfolio management process
3. C. Shows how the portfolio component progress and resource-related issues and risks are integrated with the resource management activities
4. D. Articulates the options, preferences, and factors that will be considered in a specific portfolio

Correct Answer: A

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the following are considered inputs to the Manage Supply and Demand process?

1. A. Portfolio, Portfolio Management Plan, Portfolio Reports, Portfolio Process Assets
2. B. Portfolio, Portfolio Management Plan, Portfolio Process Assets
3. C. Portfolio, Portfolio Management Plan, Portfolio Reports, Portfolio Components Reports
4. D. Portfolio, Portfolio Management Plan, Portfolio Reports

Correct Answer: D

Consider you are a veteran portfolio manager and that you are managing the most important portfolio in your company. What are the processes you execute as part of the portfolio governance?

1. A. Define Portfolio and Optimize Portfolio
2. B. Portfolio Performance Management and Portfolio Communication Management
3. C. Portfolio Management Plan and Portfolio Strategic Plan
4. D. Define Portfolio and Authorize Portfolio

Correct Answer: A