Free Access PMI.PfMP.v2024-08-09.q271 Practice Test (Page 52)

Question 251

A portfolio manager needs to continuously balance the need and requirements with the available resources and needs to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to managing the supply and demand , what is the purpose of using this analysis?

A.It enables the organization to achieve maximum portfolio benefits given current resource constraints

B.To study the capability of resources, match them against the portfolio's objectives and goals, and translate the capability into what capacity is possible to meet the portfolio demands

C.To understand how much work is able to be performed based on the resources available (capacity), as well as the ability of the organization to source and execute the selected portfolio

D.Performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components

Question 252

The portfolio undergoes a lot of changes through the portfolio life cycle, and the state of the portfolio changes on the go. Some components are terminated, other are added and initiated.
When it comes to the authorize portfolio process, which of the following represents the state of the portfolio

A.List of selected and balanced components

B.List of selected, balanced and authorized components ready to be initiated

C.List of current components that need to be weighted, scored and ranked

D.List of strategically aligned portfolio components without the need for them to be balanced

Question 253

A new portfolio is initiated with you as the portfolio manager, you started by developing the portfolio strategic plan and are currently reviewing the Organizational Process Assets; which of the options can be a part of this input?

A.List of portfolio components and Portfolio component selection criteria

B.Portfolio Components files

C.IT Strategies and Policies

D.Inventory of Work

Question 254

Your company's new CEO has set an aggressive target and informed everyone that the target needs to be met by all means in order for the company to be able to realize benefits and avoid bankruptcy. What is the best management approach that the portfolio manager should take in this case?

A.Directing

B.Advising

C.Leading

D.Supporting

Question 255

Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix. Which of the following options helps in comparing the current portfolio mix to the new strategic direction in order to determine the needed changes?

A.Interdependency Analysis

B.Prioritization Analysis

C.Portfolio Component Inventory

D.Gap Analysis

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