QUESTION: 25

As the Director of the Portfolio Management Office at your worldwide furniture store, you prepare a series of reports on the status of the portfolio. One report that you use is a bubble diagram. In using it in terms of resource supply and demand, you should structure it to show:

Required resources and available resources
Resource availability and life cycle phase
Resource competency and component probability of success
Resource importance and probability of success

Answer(s): A

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QUESTION: 26

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. A major risk has recently occurred and the risk owner came to you asking advise on how to report it. what would you advise her?

Portfolio Process Assets
Risk Register
Portfolio Organizational Assets
Portfolio Reports

Answer(s): D

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QUESTION: 27

While your organization maintains a decision register after each meeting of the Portfolio Review Board, this register only notes decisions that are made when a component is added to the portfolio or if the Board terminates a component. If the component is terminated, the reason for the termination is not listed. Also if a proposed component is not approved, the reason is not listed. It is evident this register is lacking in its usefulness, which means it requires updating as it is:

In the portfolio management plan
A portfolio process asset
An organizational process asset
Part of the governance model

Answer(s): B

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QUESTION: 28

In your diversified chicken products company, your portfolio of components in progress consists of approximately 175 programs, projects, and other work. Generally, at each Portfolio Review Board meeting, about 35 new proposals are reviewed to see if they should be part of the portfolio. As the portfolio manager, you have set up categories for these components. They are useful to facilitate portfolio optimization because:

They use filtering to eliminate certain components from consideration
They help identify the components that meet requirements for consideration
They serve as key evaluation criteria
They address organizational strategy and objectives

Answer(s): D

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QUESTION: 25

QUESTION: 26

QUESTION: 27

QUESTION: 28