As the Director of the Portfolio Management Office at your worldwide furniture store, you prepare a series of reports on the status of the portfolio. One report that you use is a bubble diagram. In using it in terms of resource supply and demand, you should structure it to show:

A. Required resources and available resources

B. Resource availability and life cycle phase

C. Resource competency and component probability of success

D. Resource importance and probability of success

Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following may be the responsibility of a risk owner when it comes to managing risks?

A. Select primary and alternative strategies

B. Make decisions to choose the most appropriate response strategy or mix of strategies and develop specific actions to implement those decisions

C. All of the options

D. Develop contingency plans and identify the conditions which trigger their execution

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?

A. Define and deploy detailed portfolio management processes and provide training to staff and stakeholders.

B. Changing business processes

C. Developing the Portfolio Strategic Plan

D. Communicate the portfolio management implementation plan

Portfolio managers tend to use the efficient frontier analysis as a modeling approach that gives decision makers the analytical tool to optimize portfolios given resource constraints such as risk. In which of the Portfolio management processes the efficient frontier is mostly used

A. Optimize Portfolio

B. Manage Supply and Demand

C. Manage Portfolio value

D. Manage Portfolio Information

You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a large number of stakeholders including the public, you know that you will be managing the communication closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you have developed a robust communication management plan. What is expected to be found in this plan?

A. Organization areas and organization structure

B. Introduction (goals, objectives, strategies, and tactics)

C. Communication objectives

D. Portfolio structure including a listing of the various portfolio components and other work