One of your component managers has submitted his resignation and left the company; a new program manager joins the portfolio replacing him. Which document you use to inform the new program manager about his responsibilities in the portfolio?

1. A. Program Business Case
2. B. Portfolio Roadmap
3. C. Portfolio Management Plan
4. D. Portfolio Charter

Correct Answer: C

A portfolio manager needs to continuously balance the need and requirements with the available resources and needs to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to managing the supply and demand , what is the purpose of using this analysis?

1. A. To study the capability of resources, match them against the portfolio??s objectives and goals, and translate the capability into what capacity is possible to meet the portfolio demands
2. B. To understand how much work is able to be performed based on the resources available (capacity), as well as the ability of the organization to source and execute the selected portfolio
3. C. Performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components
4. D. It enables the organization to achieve maximum portfolio benefits given current resource constraints

Correct Answer: A

Assume your company recently diversified, and in addition to producing its recognized brand of ice cream products, it now also is producing cereal and nutritional products. Assume you have been using the Efficient Frontier to manage portfolio value. With diversification to these new products:

1. A. Each product line should have its own portfolio to use the Efficient Frontier approach effectively
2. B. The best possible portfolios are shown above the portfolio curve
3. C. The same expected return from the portfolio may be possible
4. D. The new potential portfolio outcomes concerning success criteria can be determined

Correct Answer: C

Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix. Which of the following options shows a clear path from the "as-is" to the "to-be" vision?

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

Correct Answer: D

The portfolio management process ensures the components are aligned to goals. However, it is driven by:

1. A. Viability
2. B. Value and benefits
3. C. Organizational strategy and objectives
4. D. Interdependencies and resource constraints

Correct Answer: C