Practice Test 2 ◾ 273
49. c. Forecasting resource supply and demand
By forecasting resource supply and demand at the portfolio level, the
Portfolio Management Ofce then supports the Enterprise Program
Management Ofce so that resource demand can be further broken
down into supply and demand for programs and projects.
Portfolio Management Standard, p. 18
Task 8 in the ECO in Performance
50. d. Document communications required for successful Implementation
Portfolio management is a major culture change if set up and managed
effectively. As a rst step, a portfolio strategic plan is prepared, with a
section in it involving communications required for successful change
and implementation.
Portfolio Management Standard, p. 46
Task 1 in the ECO in Strategic Alignment
51. c. Your focus is on events
Dashboards are status display mechanisms to monitor operational per-
formance as they measure performance against targets and thresholds
using right- time data. At the portfolio level, a strategic dashboard moni-
tors execution of strategic objectives, and the purpose is to align around
strategic objectives, emphasizing management.
Kerzner (2011), pp.37–39
Portfolio Management Standard, p. 117
Task 3 in the ECO in Performance
52. c. Stakeholder engagement from the start
This situation shows the importance of innovative communications
management and engaging stakeholders from the start to best embrace
portfolio management and support the transformation initiative.
PMI (2013) Change Management Guide, p. 59
Task 2 in the ECO in Communications
53. b. Continuity and alignment of expectations are critical to success
Stakeholder analysis is necessary in managing strategic change since it
helps to ensure continuity and also to align stakeholder expectations
with the strategic changes and portfolio realignment that will result.
Portfolio Management Standard, p. 54
Task 3 in the ECO in Strategic Alignment