When we talk about portfolios, programs and projects, it is inevitable to mention the business value
which is the sum of tangible and intangible assets of an organization, also known as the net
quantifiable benefit.
When it comes to business value, at which level of the organization is the pursuit of Business Value
optimized?
B
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?
A
You have just finished a major checkpoint in your portfolio and the portfolio has to undergo several
changes in order to re-align with the strategies. One component of your portfolio has been cancelled
and the resources are going to be reallocated to other components. Which process does these
activities?
B
When developing the charter, you will use multiple inputs and documents of which the portfolio
Strategic Plan is one. How is the strategic plan used in this case?
D
When we talk about portfolios, programs and projects, it is inevitable to mention the business value
which is the sum of tangible and intangible assets of an organization, also known as the net
quantifiable benefit. When it comes to business value, at which level of the organization is the
Business Value achieved?
D
Companies adopt project, program and portfolio management practices to enable the realization of
business value and the achievement of strategies and objectives. In order to advance the
organizational capability and facilitate the alignment of these practices, the company should (choose
the best answer)
A
Some of your Stakeholders reported to you that they are not receiving status reports and other
regular information on the Portfolio progress. This has caused a big issue with the governance board
and they requested an immediate resolution. You have already analyzed the stakeholders and
prepared the communication matrix; what is your best course of action in this case?
A
Along your portfolio lifecycle, you have been conducting multiple review meetings to ensure
continuation from one phase to another and to ensure the alignment and value delivery, in addition
to communicating decisions and valuable information to the related stakeholders. Changes to the
approach of portfolio governance may be a result of review meetings. Which of the following options
include updates to the governance model?
A
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. For this you start by developing the strategic plan. What output do you expect
from this process?
A
You are a portfolio manager for a company with volatile market conditions and continuous strategic
changes. It is always important for you to use methods such as simu-lation techniques, flowcharts
and decision trees to be able to balance the portfolio with the actual needs. Which of the following
tools and techniques you are using in this case?
C
Your portfolio management team is a bit confused about the order of steps to follow when defining a
portfolio. They have been having debates and they came to you asking for the correct order of steps
D
You are the manager for a governmental portfolio aiming to restructure the roads in your country.
Having a tight schedule, a large number of stakeholders including the public, in addition to a strict
budgeting framework, you know that you will be managing the portfolio closely and that the
governance board and the stakeholders would want to check on the progress and status frequently.
For this you have developed a robust Portfolio management plan. What do you expect as output of
this development?
C
During the portfolio lifecycle, you will be using the roadmap a lot and you be using it to report
progress to different stakeholders. When it comes to portfolio roadmap, which of the following
options is true?
B
As a result of optimization, one of the components was deemed necessary to be terminated. One of
the executive managers found about this and called you telling you that you should leave this
component as it is of interest to her and she wants to see it finalized and that she will make
resources available to it if needed. What should be your best course of action?
C
One of the key stakeholders came to you asking you to add more metrics because she thinks that it
would give the portfolio management a better view of the actual progress. For her the more metrics
you have the better. What should your opinion be regarding this?
C