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?

A. Portfolio Process Assets

B. Risk Register

C. Portfolio Organizational Assets

D. Portfolio Reports

Assume you are managing the corporate portfolio for your company noted for many products primarily focused on farm equipment. Recently it has diversified into other markets especially with the economic downturn in the country. While many of the traditional products are in the portfolio as new features are added to enhance customer satisfaction, one of the new product lines is a high-profile program that is ranked number five in the corporate portfolio. As the portfolio manager, you know this program has several interdependencies with other projects and programs, and recently this high-ranked program has experienced difficulties as needed technology is not available externally, and internal staff lacks the needed competencies to develop it. Its termination will be discussed at Friday's Portfolio Board meeting. You plan to discuss these interdependencies as part of your responsibilities in:

A. Resource allocation

B. Portfolio balancing

C. Financial management

D. Risk management

Your CEO is keen to know the likelihood of the portfolio to realize the expected ROI. You are currently looking for a tool to calculate the probability to achieve portfolio objectives. Which of the following will help you in doing that?

A. SWOT Analysis

B. Delphi

C. Risk Exposure Charts

D. Investment Choice Analysis

Chartering the portfolio is an important step towards the initiation of the endeavor. It authorizes the portfolio

managers to use the resources and marks the first step towards the allocation of resources to the

components upon their initiation.

Which of the below can help you while developing the charter?

A. Strategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory

B. Prioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis

C. Scenario Analysis, Capability and Capacity Analysis

D. Gap Analysis, Readiness Assessment, Stakeholder Analysis

During one of the review meetings, the governance board asked to know the progress with relation to benefits of one of the major programs in your portfolio; in this case you will advise the program manager to present

A. Program Benefits Report

B. Program Business Case

C. The status of his program to you and you will aggregate the information with information from other components and present it to the Governance board

D. Program Management Plan

The audit department has found out that two of the departments have conflicting standards and have asked you to analyze and compare them in order to be able to take a decision which could impact the portfolio alignment. Which analysis will you use to compare conflicting standards in different departments

A. Capacity Analysis

B. Force Field Analysis

C. Qualitative Analysis

D. Quantitative Analysis

As you focus on managing the value pf the portfolio, you find that portfolio variance/alert reports are helpful. Assume you have been using a 'traffic light' format as it is easy to prepare, but an objective is to:

A. Add in blue to show completed components

B. Show dependencies between components with a different color

C. Set it up to show the organizational value areas in the company

D. Use a standardized format across components

As a result of optimization, one of the components was deemed necessary to be terminated. One of the executive managers found about this and called you telling you that you should leave this component as it is of interest to her and she wants to see it finalized and that she will make resources available to it if needed. What should be your best course of action?

A. Ask the steering committee for more resources in order to be able to continue with this component

B. Ask the senior manager directly for resources as you know that this component requires additional resources

C. Highlight the issue in the governance board meeting and recommend termination based on facts and thorough analysis

D. Continue working on the component as you have the support of one of the senior managers

You are currently in the process of allocating resources to develop component proposals, authorizing components to expend resources and to communicate portfolio decisions. What do you expect as outputs of this process?

A. Portfolio Updates, Portfolio Management Plan updates, Portfolio Reports, Organizational Process Assets update

B. Portfolio Updates, Portfolio Management Plan updates, Portfolio Reports, Organizational Process Assets update, Portfolio Process Assets update

C. Portfolio Updates, Portfolio Management Plan updates, Portfolio Reports, Portfolio Process Assets update

D. Portfolio Updates, Portfolio Strategic Plan updates, Portfolio Reports, Organizational Process Assets update, Portfolio Process Assets update

As part of developing the Communication Management Plan, a portfolio manager executes the Communication Requirements Analysis, in addition to Stakeholders Analysis. Which of the following options in your opinion is a result of the Communication Requirements Analysis?

A. Stakeholder matrix

B. Communication Matrix

C. All of the options

D. Communication Strategy matrix