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Portfolio Management Professional Questions 246–250 (page: 51)

Updated On: 10-Feb-2026

You have finalized optimizing your portfolio and want to avoid any delay by directly recommending the initiation of multiple portfolio components. What do you need for starting this?

  1. Portfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets
  2. Portfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio Roadmap
  3. Portfolio Management Plan, Portfolio, Portfolio Reports
  4. Portfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio Strategic Plan

Answer(s): C



Roadmaps may be prepared to show different elements, and at the beginning they may not provide details of the various components. As a high-level plan at the portfolio level, the roadmap:

  1. Identifies internal and external dependencies
  2. Serves as a master schedule to show the timing of approved components
  3. Contains all the details of program and project roadmaps
  4. Serves to identify issues

Answer(s): A



Portfolio management processes are performed in an environment broader than a portfolio; therefore, an organization-level implementation team supported by executive management, a governing body, and portfolio managers join forces to implement organization-level portfolio management processes. After Defining roles and responsibilities for portfolio management process implementation, what should be the FIRST next step?

  1. Define and deploy detailed portfolio management processes and provide training to staff and stakeholders.
  2. Changing business processes
  3. Developing the Portfolio Strategic Plan
  4. Communicate the portfolio management implementation plan

Answer(s): D



A new portfolio manager in your organization is currently preparing his portfolio charter and has come to you asking advice about what should be present in charter

  1. Justification, Scenario Analysis, Capability & Capacity Analysis
  2. Key dependencies, critical success criteria, high-level timelines
  3. All internal and external dependencies, components fixed timelines
  4. Justification, Scenario Analysis

Answer(s): B



While defining the portfolio, the portfolio manager uses a set of evaluation criteria in order to generate a list of portfolio components for optimization and balancing. Which of the following is not an evaluation criteria?

  1. Technology capabilities and capacities
  2. Costs
  3. Benefits, financial and non-financial
  4. Customer

Answer(s): D



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