As the Director of the Portfolio Management Office at your worldwide furniture store, you prepare a series of reports on the status of the portfolio. One report that you use is a bubble diagram. In using it in terms of resource supply and demand, you should structure it to show:

1. A. Required resources and available resources
2. B. Resource availability and life cycle phase
3. C. Resource competency and component probability of success
4. D. Resource importance and probability of success

Correct Answer: A

During the portfolio lifecycle, components will be authorized, initiated, executed and closed accordingly. For authorizing the portfolio, as a program manager you will use which of the Which of the following tools and techniques?

1. A. PMIS, Authorization techniques, Scenario Analysis
2. B. PMIS, Authorization techniques
3. C. Authorization techniques, Scenario Analysis
4. D. PMIS, Authorization techniques, Review Meetings

Correct Answer: B

You are currently using a Comparative Advantage Analysis and conducting a what-if analysis to consider how the portfolio component and its intended benefits could be achieved by various options, including resource capability and capacity mix. In which process are you currently working?

1. A. Manage Portfolio Information
2. B. Optimize Portfolio
3. C. Manage Portfolio Value
4. D. Manage Supply & Demand

Correct Answer: C

The Portfolio Management Office (PMO) provides support to the portfolio manager throughout the portfolio life cycle. Which of the below is not something that the PMO supports the portfolio manager with?

1. A. Define Portfolio Management best practices
2. B. Formulating component management standards
3. C. Define Portfolio Management standards
4. D. Formulate organizational standards

Correct Answer: D

Assume before you prepared your portfolio management plan for your company that you did some benchmarking and learned that if you used elicitation techniques it was useful in the portfolio development stage and before there were significant scope changes because of strategy changes to the portfolio. You decided to involve the Portfolio Review Board members, other key stakeholders, and some subject matter experts in this process and then decided to poll input from the group as a majority vote. This meant you were using:

1. A. Collaboration techniques
2. B. Facilitation techniques
3. C. Interviews and observations
4. D. Negotiation techniques

Correct Answer: A