One of your goals as a portfolio manager is to ensure that your stakeholders receive the information they need for decision making. To help manage the portfolio information that is provided, you decide to gather information by holding portfolio component review meetings. Your purpose in holding these meetings is to:

1. A. Ensure the components can provide the data required for status reports
2. B. Use them to introduce the portfolio management information system
3. C. Validate data that now are in the reports
4. D. Work with component managers to plan dashboard reports

Correct Answer: C

Your executive management has been recently undergoing a change from a functional organization to a projectized one and is currently assessing the volume of work that the organization can execute. Which of the following tools and techniques will decide the volume of work and components that the organization can execute?

1. A. Weighted Ranking and Scoring
2. B. SWOT Analysis
3. C. Capability and Capacity Analysis
4. D. Quantitative & Qualitative Analysis

Correct Answer: C

Working previously in the financial industry and studying finance and risk in graduate school, you are familiar with Markowitz's Efficient Frontier theory. Now assume you are the portfolio manager for a state government agency. Your agency has a reputation of being risk adverse but given recent budget cuts, you have convinced your executive team it needs to pursue some new programs and projects to demonstrate its benefits to the state. You decided to apply the Efficient Frontier concepts to show them the current state of its components in terms of risk and associated costs. You explained the portfolio is efficient if it has:

1. A. A mix of components—from high risk/high return to low risk/low return
2. B. The ability to quantify the value of risk in monetary terms
3. C. The possible overall portfolio value with the greatest possible benefits
4. D. The best possible expected level of return for its level of risk

Correct Answer: D

Due to multiple issues, there were changes in the reporting process in your portfolio; the meetings with their frequencies have been changed and this will also affect the reporting cycle times. In order to meet this new change you will update which of the following documents?

1. A. Communication Strategy Matrix
2. B. Communication Calendar
3. C. PMIS
4. D. Communication Matrix

Correct Answer: B

Assume you are working to ensure your organization has a balanced portfolio. You have decided to use a bubble diagram and have set it up to show the components in terms of: ease of execution [difficult or easy] and component importance [high or low]. In such an approach, bubbles are used to:

1. A. Visualize components
2. B. Frame the balancing problem
3. C. Provide scores as outputs
4. D. Focus on existing components

Correct Answer: A