QUESTION: 89

Your portfolio is on a tight deliverables and is considered the major portfolio in your company. Stakeholders are concerned about the purpose of defining a portfolio while already having an inventory of work and are worried that this will cause a lot of time to be wasted. What is your advice to the stakeholders?

This process is required to optimize and balance the portfolio for performance and value delivery
This process is required to produce an organized portfolio for ongoing evaluation, selection, and prioritization
This process can be skipped because it will be re-done as part of the Optimize Portfolio process
They are right, the process can be skipped when an inventory of work is in place

Answer(s): B

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QUESTION: 90

You are currently defining a hierarchical representation of your portfolio and its components and listing the major and milestone components, including dependencies internal and external to the portfolio with business units. For this you know that you will need multiple inputs. Which of the following are considered inputs in your case?

Portfolio, Portfolio Strategic Plan, Portfolio Process Assets
Portfolio, Portfolio Charter, Portfolio Strategic Plan
Portfolio, Portfolio Charter, Portfolio Management Plan
Portfolio, Portfolio Strategic Plan, Portfolio Management Plan

Answer(s): B

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QUESTION: 91

A key role for portfolio management is to balance the use of resources following the need against the existing skill-set. One of the component managers told you that an important SME on his program is traveling and there is no replacement for her. This will cause a major delay in the program. What is your first step as a portfolio manager?

Do interdependency management and see the impact
Send a broadcast report to all components informing them of the issue
Ask him to do a quick recruitment and hire someone to solve the issues
Tell him that he needs to find out a solution and that you will be ready for any assistance needed

Answer(s): A

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QUESTION: 92

After a strategic change is managed and finalized, you as a portfolio manager, are expected to document changes to the portfolio components attributes. Which of the following is the document in which you document these changes?

Portfolio Strategic Plan updates
Portfolio updates
Portfolio Management Plan updates
Portfolio Process Assets updates

Answer(s): B

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QUESTION: 89

QUESTION: 90

QUESTION: 91

QUESTION: 92