QUESTION: 1

While planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes; which of the following tools determines the effect of changing one or more factors?

Trade-Off Analysis
Market Payoff variability
Budget Variability
Performance variability

Answer(s): A

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QUESTION: 2

You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. The portfolio roadmap is an important document used throughout the portfolio life cycle; when it comes to developing the portfolio communication management plan, which of the following options is correct

The portfolio roadmap helps with the understanding of the structure of the portfolio and interdependencies among the portfolio components
The portfolio roadmap is necessary for this process because it summarizes strategic objectives, evolving aspects of the strategy by organizational areas, portfolio milestones, dependencies, challenges, and risks
The portfolio roadmap provides a high-level timeline for expected portfolio component delivery
The portfolio roadmap provides the high-level strategic approach in a chronological fashion for portfolio management execution

Answer(s): A

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QUESTION: 3

Your company changed its executives due to the lack of benefits realization and previous corruption issues. The new management has informed you that as of now, this will not change any process in the portfolio and everything will remain the same. However, only the risk tolerance for the organization will be impacted, what will you do as a portfolio manager?

Perform stakeholders analysis once again and change the organization risk tolerance in the portfolio communication management plan
Update the Strategic Plan
Assess the impact of the change along with the new management
Revise the roadmap to change the timeline due to the new risk profile

Answer(s): B

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QUESTION: 4

Following a major organizational restructuring, new portfolios are currently being initiated. You have been assigned the position of portfolio manager on one of the major portfolios and are currently in strategic management. You are currently performing cost-benefit analysis. What is part of this analysis?

Qualifies estimated costs and benefits and lists quantitative considerations of alternative portfolio components
Quantifies estimated costs and benefits and lists qualitative considerations of alternative portfolio components
Quantitative considerations of alternative portfolio components
Qualifying estimated costs and benefits

Answer(s): B

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