Stakeholders have complained to you that they are receiving redundant information and they prefer that you fix the issue promptly as it is time consuming for them. What is your best course of action?

1. A. Explain to the stakeholders why it is important that they keep receiving this information
2. B. Re-assess and re-write the Communication Management Plan after analyzing the stakeholders again
3. C. Escalate the issue to the governance board and ask them to take a decision regarding it
4. D. Update the communication matrix and remove them from it

Correct Answer: A

As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Communication Calendar is one of the prepared documents, what does it include?

1. A. Intended recipients, communication vehicles, frequency and communication areas
2. B. Stakeholders roles, interests, expectations and groups
3. C. Stakeholders quadrants showing the level of interest and influence
4. D. Representation of all of the communication for the portfolio and their frequency over a period of time

Correct Answer: D

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

Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently determining if, when, what, and how of implementing the change in order to re-align the portfolio. What are you currently doing?

1. A. Gap Analysis
2. B. Readiness Assessment
3. C. Change Analysis Stakeholder Analysis

Correct Answer: B

You are approaching a major checkpoint and right before the review meeting, one of the key stakeholders asked you to add a small component which is of high interest to her and requires minimal effort and spans a short duration. What should you, as a portfolio manager do?

1. A. Find out its strategic alignment and present it to the steering committee
2. B. Add it directly to the portfolio after prioritization because it is a quick project and it willhave high value to a key stakeholder
3. C. Directly reject the request as it is unethical
4. D. Propose the request during the upcoming steering committee meeting

Correct Answer: A