1. What does portfolio management help with?
Balancing project investments
Eliminating project risks
Focusing only on financials
Avoiding stakeholder involvement
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✅ Correct Answer: Balancing project investments
2. What is the purpose of a Portfolio Management Plan?
Define how the portfolio will be managed
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define how the portfolio will be managed
3. What is the purpose of a Portfolio Governance Framework?
Define decision-making processes for portfolio management
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define decision-making processes for portfolio management
4. Which technique is used to prioritize portfolio components?
Weighted Scoring Model
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Weighted Scoring Model
5. What is the purpose of a Portfolio Performance Report?
Track the performance of portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Track the performance of portfolio components
6. Which technique is used to balance portfolio components?
Portfolio Balancing
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Portfolio Balancing
7. What is the purpose of a Portfolio Roadmap?
Visualize the timeline of portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Visualize the timeline of portfolio components
8. Which technique is used to assess portfolio risks?
Portfolio Risk Assessment
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Portfolio Risk Assessment
9. What is the purpose of a Portfolio Charter?
Formally authorize the portfolio
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Formally authorize the portfolio
10. Which technique is used to optimize portfolio value?
Portfolio Optimization
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Portfolio Optimization
11. What is the purpose of a Portfolio Governance Board?
Make decisions on portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Make decisions on portfolio components
12. Which technique is used to align portfolio components with strategic objectives?
Strategic Alignment
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Strategic Alignment
13. What is the purpose of a Portfolio Dashboard?
Provide a visual summary of portfolio performance
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Provide a visual summary of portfolio performance
14. Which technique is used to evaluate portfolio performance?
Key Performance Indicators (KPIs)
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Key Performance Indicators (KPIs)
15. What is the purpose of a Portfolio Risk Management Plan?
Define how portfolio risks will be managed
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define how portfolio risks will be managed
16. Which technique is used to prioritize portfolio investments?
Investment Prioritization
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Investment Prioritization
17. What is the purpose of a Portfolio Communication Plan?
Define how portfolio information will be shared
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define how portfolio information will be shared
18. Which technique is used to assess portfolio value?
Value Assessment
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Value Assessment
19. What is the purpose of a Portfolio Review?
Evaluate the performance of portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Evaluate the performance of portfolio components
20. Which technique is used to manage portfolio resources?
Resource Allocation
Gantt Chart
Stakeholder Analysis
Risk Register
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✅ Correct Answer: Resource Allocation
21. What is the purpose of Portfolio Definition?
Identify and categorize portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Identify and categorize portfolio components
22. What is the purpose of Portfolio Delivery?
Implement and manage portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Implement and manage portfolio components
23. What is the purpose of Portfolio Risk Management?
Identify and mitigate portfolio risks
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Identify and mitigate portfolio risks
24. What is the purpose of Portfolio Stakeholder Engagement?
Manage stakeholder relationships
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Manage stakeholder relationships
25. What is the purpose of Portfolio Value Management?
Maximize portfolio value
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Maximize portfolio value
26. What is the purpose of Portfolio Governance?
Ensure proper decision-making
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Ensure proper decision-making
27. What is the purpose of Portfolio Performance Management?
Monitor portfolio performance
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Monitor portfolio performance
28. What is the purpose of Portfolio Communication?
Share portfolio information
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Share portfolio information
29. What is the purpose of Portfolio Organization?
Structure portfolio management
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Structure portfolio management
30. What is the purpose of Portfolio Management Framework?
Define portfolio processes
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define portfolio processes
31. What is the purpose of Portfolio Benefits Management?
Track and realize benefits
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Track and realize benefits
32. What is the purpose of Portfolio Resource Management?
Allocate resources effectively
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Allocate resources effectively
33. What is the purpose of Portfolio Financial Management?
Manage portfolio finances
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Manage portfolio finances
34. What is the purpose of Portfolio Demand Management?
Balance demand and capacity
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Balance demand and capacity
35. What is the purpose of Portfolio Risk Appetite?
Define acceptable risk levels
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define acceptable risk levels
36. What is the purpose of Portfolio Optimization?
Maximize portfolio value
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Maximize portfolio value
37. What is the purpose of Portfolio Alignment?
Ensure strategic fit
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Ensure strategic fit
38. What is the purpose of Portfolio Categorization?
Classify portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Classify portfolio components
39. What is the purpose of Portfolio Prioritization?
Rank portfolio components
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Rank portfolio components
40. What is the purpose of Portfolio Balancing?
Optimize component mix
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Optimize component mix
41. What is the purpose of Portfolio Roadmap?
Visualize portfolio timeline
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Visualize portfolio timeline
42. What is the purpose of Portfolio Dashboard?
Display key metrics
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Display key metrics
43. What is the purpose of Portfolio Health Check?
Assess portfolio status
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Assess portfolio status
44. What is the purpose of Portfolio Maturity Assessment?
Evaluate management capability
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Evaluate management capability
45. What is the purpose of Portfolio Benefits Realization Plan?
Document expected benefits
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Document expected benefits
46. What is the purpose of Portfolio Change Control?
Manage portfolio changes
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Manage portfolio changes
47. What is the purpose of Portfolio Lessons Learned?
Capture improvement opportunities
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Capture improvement opportunities
48. What is the purpose of Portfolio Management Office?
Support portfolio activities
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Support portfolio activities
49. What is the purpose of Portfolio Management Information System?
Store portfolio data
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Store portfolio data
50. What is the purpose of Portfolio Management Roles?
Define responsibilities
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Define responsibilities
51. What is the purpose of Portfolio Management Principles?
Guide decision-making
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Guide decision-making
52. What is the purpose of Portfolio Management Processes?
Standardize activities
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Standardize activities
53. What is the purpose of Portfolio Management Techniques?
Support analysis
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Support analysis
54. What is the purpose of Portfolio Management Tools?
Facilitate execution
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Facilitate execution
55. What is the purpose of Portfolio Management Culture?
Shape organizational behavior
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Shape organizational behavior
56. What is the purpose of Portfolio Management Training?
Develop skills
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Develop skills
57. What is the purpose of Portfolio Management Communication?
Share information
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Share information
58. What is the purpose of Portfolio Management Metrics?
Measure performance
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Measure performance
59. What is the purpose of Portfolio Management Review?
Evaluate effectiveness
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Evaluate effectiveness
60. What is the purpose of Portfolio Management Improvement?
Enhance capabilities
Track project costs
Assign project resources
Define project scope
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✅ Correct Answer: Enhance capabilities