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ecause your company's Portfolio Review Board consists of the Directors of its five business units and is chaired by the CEO, the meetings tend to be contentious as there is limited funding available to authorize all the proposed programs and projects. Dissension also is the norm if resources are reallocated from one business unit to another. As a result, the CEO:

  1. Strives to use consensus to make decisions, but this approach rarely is effective
  2. Decided to use an outside facilitator when meetings are held
  3. Uses multi-voting and makes the final decision
  4. Often uses a Delphi approach

Answer(s): B



A recent development in the market gave your competitors a leading edge. Your company's CEO and executive members want to focus on new developments and gain the market leadership once again. You wanted to show the new structure to the Portfolio stakeholders and strategies have changed. As a portfolio manager, your best course of action is to perform a

  1. Capability and Capacity Analysis
  2. Scenario Analysis
  3. Gap Analysis
  4. SWOT Analysis

Answer(s): C



Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. You are currently developing the guidelines and approaches for managing risks and are looking for methods to help you. What are you looking for?

  1. Weighted Ranking and scoring techniques, Quantitative & Qualitative Analysis
  2. Weighted Ranking and scoring techniques, Pf Component inventory, Categorization
  3. Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis
  4. Capability & Capacity, Weighted Ranking and scoring techniques, Graphical Analytical methods, Quantitative & Qualitative Analysis

Answer(s): C



The Strategic Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Strategic Plan purpose and focus?

  1. Articulates the options, preferences, and factors that will be considered in a specific portfolio
  2. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio
  3. Identifies recipients for information associated with the portfolio management process
  4. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components

Answer(s): A






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