You have finalized optimizing your portfolio and want to avoid any delay by directly
recommending the initiation of multiple portfolio components. What do you need for starting this?

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

Correct Answer: C

While defining the portfolio mix, the portfolio manager performs a categorization of the portfolio components based on multiple categorization criteria. Which of the following is considered as a portfolio component category?

1. A. Continuous Improvement
2. B. Risk Reduction
3. C. All of the options
4. D. Process Improvement

Correct Answer: C

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 to attain the end goal and achieve the expected strategy. You are currently in the middle of developing the strategic plan and require the following inputs

1. A. Organizational Strategy & Objectives, Enterprise Environmental Factors, Roadmap
2. B. Organizational Strategy & Objectives, Enterprise Environmental Factors, Organizational Process Assets, Portfolio Process Assets, Inventory Of Work
3. C. Organizational Strategy & Objectives, Enterprise Environmental Factors, Roadmap, Portfolio Management Plan
4. D. Organizational Strategy & Objectives, Enterprise Environmental Factors, Portfolio, Portfolio Management Plan

Correct Answer: B

During a portfolio review meeting, the steering committee has decided on the inclusion of a new project to re-align the portfolio with its strategic objectives, what do you do before and after the meeting?

1. A. Update the decision; write the Minutes Of Meeting
2. B. Change request; communicate the decision to all stakeholders in the portfolio
3. C. Write the Minutes Of Meeting; update the decision
4. D. Change request; communicate the decision to related stakeholders listed in the communication management plan

Correct Answer: D

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. Where is this type of results normally found?

1. A. Resource Pools
2. B. Portfolio Process Assets
3. C. Portfolio Reports
4. D. Portfolio Management plan

Correct Answer: A