Question 1

Risk Management is integrated in all the other processes and process groups and is an integral recurrent

activity throughout the portfolio life cycle. Which of the following is considered the most effective method for

analyzing the effect of risks on portfolio strategic objectives, and determining whether they have high or low

effect

Options :

A :

Tornado Diagram

B : Risk vs. Return charts

C : Burn Down/Up charts

D : Monte Carlo Analysis

Answer: A

Question 2

A big strategic change occurred at the organization level and has impacted multiple portfolios in the organization including yours. The CEO has asked you to prepare a presentation to depict the impact of this change on portfolio resources. Which of the following should you present in this case?

Options :

A : Communication matrix and communication calendar

B : Resource Histograms

C : Benefits Realization

D : Efficient Frontier

Answer: B

Question 3

One key artifact to review as the portfolio communications management plan is prepared is the:

Options :

A :

Portfolio management plan as it shows all elements in it have communications requirements

B :

Portfolio performance plan as it sets forth needed reports and their frequency

C :

Portfolio strategic plan since it shows the need for strategic alignment

D :

Portfolio benefits realization plan to determine reports on progress in benefit realization, transition, and

sustainment

Answer: A

Question 4

Risk management is an integral part of project, program and portfolio management and is invoked throughout the project, program and portfolio life cycle. Which of the following highlights the difference between portfolio risk and program or project risks?

Options :

A : Portfolio risks focus on strategies, whereas program and project risks focus on implementation

B : Portfolio Risks may be actively accepted in anticipation of high rewards, whereas, program and project level risks are not

C : Portfolio risks are the aggregation of subsidiary programs and projects risks

D : Portfolio risks can not be mitigated to other third parties, whereas program and project risks can

Answer: B

Question 5

A portfolio manager on one of the major sub-portfolios in your portfolio has tendered his resignation and gave you a 2 months notice. This unexpected change will require you to take immediate action with the governance board. Which of the following processes will be handling this situation?

Options :

A : Manage Portfolio Risk

B : Provide Portfolio Oversight

C : Manage strategic change

D : Manage Supply & Demand

Answer: B

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