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Viewing page 13 out of 15 pages
Viewing questions 121-130 out of questions
Questions # 121:

You are managing a large construction portfolio. Recently, and due to budget cuts, you have been having resources issues on multiple initiatives and has been struggling with maintaining a healthy resource allocations. You are currently analyzing the capability and capacity for scarce machinery resources shared across three major programs in the portfolio. What are you currently applying?

Options:

A.

Finite Capacity planning

B.

Resource Schedules

C.

Resource Management Tools

D.

Resource Smoothing

Expert Solution
Questions # 122:

While defining the portfolio, a portfolio manager does a preliminary comparison of all inventoried portfolio components against the portfolio component definition. For this, the descriptors of each portfolio component are used in order to compare it to other components. Which of the following is not a component key descriptors?

Options:

A.

Component Customer

B.

Urgency

C.

Resources Required

D.

Component Number

Expert Solution
Questions # 123:

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. What you use to perform this?

Options:

A.

Elicitation techniques, Value Scoring & Measurement Analysis, Benefits Realization Analysis

B.

Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis

C.

Elicitation techniques, Capability & Capacity Analysis, PMIS

D.

Scenario Analysis, Capability & Capacity Analysis, Quantitative & Qualitative Analysis

Expert Solution
Questions # 124:

You have been asked to manage a major portfolio in order to salvage the company and and re-align it with the strategic objectives and goals. You decided to develop the strategic documents and are currently developing the charter. As a portfolio manager, which of the following would be your answer when asked of the purpose for the development of portfolio charter?

Options:

A.

Execute portfolio management processes

B.

Authorize portfolio components

C.

Start the development of Portfolio Management plan and all of its subsidiary plan

D.

Develop portfolio structure

Expert Solution
Questions # 125:

Your health insurance company has set up its portfolio into five different categories: research and development, IT, Medicare, government health insurance, and non-government health insurance. Funding is allocated yearly to each of these six categories. As the portfolio manager at the enterprise level, you:

Options:

A.

Ensure such allocations are reflected in the portfolio's strategic plan

B.

Meet with the CFO and determine these allocations when the budget for the fiscal year is being prepared

C.

Meet with the managers of the five portfolios once the budget allocations are known

D.

Use your existing inventory of components in the portfolio and in the pipeline to determine funding allocations

Expert Solution
Questions # 126:

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. What is the expected outcome from managing supply and demand?

Options:

A.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports updates, Portfolio Components Reports updates

B.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports

C.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports, Portfolio Process Assets updates

D.

Portfolio updates, Portfolio Management Plan updates, Portfolio Process Assets updates

Expert Solution
Questions # 127:

During the portfolio lifecycle, components will be authorized, initiated, executed and closed accordingly. For authorizing the portfolio, as a program manager you will use which of the Which of the following tools and techniques?

Options:

A.

PMIS, Authorization techniques, Scenario Analysis

B.

PMIS, Authorization techniques

C.

Authorization techniques, Scenario Analysis

D.

PMIS, Authorization techniques, Review Meetings

Expert Solution
Questions # 128:

Your online ordering company wants to add a component to its portfolio that its sponsor believes will outdistance the competition, but it has risks and also will be subject to regulatory approval. The purpose is to use parachutes to deliver the merchandise ordered through small helicopters so the recipients receive their orders within three hours of the on line purchase. As the portfolio manager you recognize this component is a major change and will require resources if it is approved. You are now performing change management using a change structure that:

Options:

A.

Requires a change request

B.

Facilitates impact analysis

C.

Needs to assess dependencies

D.

Requires an update to the roadmap

Expert Solution
Questions # 129:

ecause your company's Portfolio Review Board consists of the Directors of its five business units and is chaired by the CEO, the meetings tend to be contentious as there is limited funding available to authorize all the proposed programs and projects. Dissension also is the norm if resources are reallocated from one business unit to another. As a result, the CEO:

Options:

A.

Strives to use consensus to make decisions, but this approach rarely is effective

B.

Decided to use an outside facilitator when meetings are held

C.

Uses multi-voting and makes the final decision

D.

Often uses a Delphi approach

Expert Solution
Questions # 130:

While performing the manage supply and demand process, one of your sub-portfolio managers came to you asking advice on how to analyze intangible assets such as resources knowledge or skills based on the metrics defined. What should be your advice to him?

Options:

A.

You should tell him to use the qualitative metrics defined in the performance management plan in order to measure the intangible aspects. He can then use the number of full-time equivalents in order to quantify them when possible

B.

You should tell him to ignore the intangible aspects as they are not as important as tangible ones which will help in decision making

C.

You should advice him to use quantitative analysis in order to quantify the intangible aspects and be able to measure them

D.

You should tell him that metrics are only defined to measure tangible aspects; intangible measurements should be based on assumptions

Expert Solution
Viewing page 13 out of 15 pages
Viewing questions 121-130 out of questions