Question: 3 3 ' Fill in the blanks: A is a group of related projects managed in a coordinated manner to obtain benefits not available by
Fill in the blanks:
A is a group of related projects managed in a coordinated manner to obtain benefits not available by managing them individually.
You are a portfolio manager in your organization, and you were called by the CEO to help select one of the components from the available options. Component A was a suggestion from the CEO, component was recommended by the governing body, component was requested by the organization CFO, and component was suggested to implement an important regulatory requirement, which component would you select?
a Component
b Component B
c Component C
d Component D
Ture or false: The role of a Portfolio Manager & a Program Manager is essentially having the same scope of work.
a True
b False
A company wants to increase their market share by with respect to the previous year's figures in a specific geographic area within the next months, this an example of:
a Strategic Goal
b Strategic Objective
Which of the following is an example of a simple prioritization model, in which the criteria are:
a Easily quantifiable.
b Both qualitative and quantitative
c Based on benefits realization and sustainment.
d Based on both short and long term goals.
An organization's strategic risk appetite is defined as:
a Risk identified by Portfolio Manager
b Risk Mitigation Plan
c The amount and type of risk that an organization is willing to take to meet its strategic objectives.
d Risk Management Plan
What is a portfolio?
a Collection of projects, programs, subsidiary portfolios
b A detailed Operations Management Plan.
c Consists of Project Timing Plan as well as Risk Management Plan.
d Strategic Management plan with goals and objectives.
Which one of the following is not the role of a Portfolio Manager?
a Allocate Funds for the individual Programs.
b Resource allocation & optimization.
c Oversee implementation of portfolio components Programs Projects
d Monitor portfolio performance.
True or False: Business value may be defined as the net quantifiable benefit derived from a business endeavor.
a True
b False
Portfolio Governance is associated with all but not one of the following.
a Decision making
b Oversight
c Execution
d Integration
Project prioritization is the process of determining which existing and new projects are the most urgent for an organization, criteria for project prioritization include, select all that apply.
a Strategic alignment
b Feasibility
c Costbenefit analysis
d Resource Requirements
The annual rate of growth that an investment is expected to generate is known as:
a ROI Return on Investment
b IRR Internal Rate of Return
You are a portfolio manager, during one of the review meetings, the governance board requested you 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 which of the following?
a Program Business Case
b Program Benefits Report
c The status of his program to you and you will aggregate the information with information from other components.
d Program Management Plan
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