210 ◾ PfMP® Exam Practice Tests and Study Guide
16. Each time the Portfolio Review Board meets, components, both proposed
and those in progress, are reviewed in terms of risk. The Board members
are typically risk adverse especially since the company is the market leader
in the package delivery market. However, during the recent holiday season,
it was unable to keep up with the demand as there was tremendous on line
ordering, and the result was bad publicity and extensive customer complaints.
The Board is meeting on Friday to determine what actions to take to mini-
mize these problems. The goal is to:
a. Add new components and reallocate resources
b. Minimize portfolio risks
c. Analyze how to best optimize the portfolio
d. Make decisions concerning existing components
17. Assume you are the sponsor for a new component in your government
agency. The agency has a dened portfolio management process, and a
Portfolio Oversight Group comprised of the agency executives and chaired
by the Administrator. It meets regularly to determine whether existing com-
ponents in the portfolio should be included and whether new components
should be added. As the sponsor, you must follow the Agency’s standard set
of key descriptors as you present your proposal to the Portfolio Oversight
Group. Such descriptors:
a. Ensure all components are comparable
b. Provide a categorized list for ongoing evaluation
c. Address similar Agency needs
d. Optimize the portfolio for value delivery
18. Assume you are the portfolio manager for one of the leading high tech-
nology companies in Silicon Valley, California. Change is constant as your
company works in many areas to be the market leader in its products and
services. The Portfolio Review Board meets weekly to approve new com-
ponents, decide whether others should be terminated, and to rebalance the
portfolio. One goal is to have breakthrough platforms that lead to greater
value. A key to success for successful benets realization from this changing
portfolio is to:
a. Have an easy- to- use PMIS
b. Involve stakeholders
c. Ensure the communications messages are consistent after each meeting
d. Have an easy- to- use rebalancing method