QUESTION: 9

starting with the business unit you lead, which is responsible for new products, and then will set the stage to implement it throughout the bank, including at the enterprise level. You have executive support and commitment to implement it in your business unit. A key first step is to:

Set up a governance structure
Define roles and responsibilities for implementation
Prepare a portfolio performance plan
Prioritize the work to be done

Answer(s): B

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QUESTION: 10

After three months, you have a list of all the program, project, and ongoing work being done in your 500-person Division of your State Government Agency. With this list, the next step is to:

Determine the prioritization model to follow
Convene a meeting of the Portfolio Review Board
Assess gaps in meeting the Agency's strategic objectives
Prepare a portfolio performance plan

Answer(s): C

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QUESTION: 11

Portfolio Reports are widely used as inputs and outputs to multiple processes throughout the Portfolio Life Cycle. Which of the following is NOT part of portfolio reports?

None of the options
Updates in resources, risks/issues, value/benefits, performance, and financials
Governance Recommendations
Feedback report to organizational strategy planning

Answer(s): A

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QUESTION: 12

After the stakeholder analysis is complete, a best practice is to put stakeholders into a matrix to develop a communications management strategy. A simple but useful approach is to set it up to show:

Level of authority and level of interest
Level of authority and level of involvement
Level of influence and level of impact
Level of influence and level of interest

Answer(s): D

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QUESTION: 12

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