264 ◾ PfMP® Exam Practice Tests and Study Guide
5. a. Relationships among them
Stakeholder analysis is used to prepare the portfolio communication
management plan. The interests of each stakeholder, their level of inu-
ence, and the relationships between them require consideration during
the planning process.
Portfolio Management Standard, p. 110
Task 2 in the ECO in Communications
6. b. Compare strategic objectives
The rst step in preparing a prioritization analysis is to compare the
proposed components in terms of their support to the organization’s
strategic objectives.
Portfolio Management Standard, p. 51
Task 7 in the ECO in Strategic Alignment
7. a. Earned value
The progress measurement techniques used in managing portfolio value
are the same as those at the component level; the most useful is earned
value.
Portfolio Management Standard, p. 102
Task 9 in the ECO in Performance
8. a. The company’s workload had increased
If components are not aligned and the organization lacks a success-
ful evaluation and denition process, unnecessary and poorly planned
components are in the portfolio, and as a result, the organization’s
workload increases.
Portfolio Management Standard, p. 64
Task 2 in the ECO in Governance
9. b. A project sponsor
Functional groups, such as production, manufacturing, nance, market-
ing, legal, information systems, human resources, administrative ser-
vices, etc., may be stakeholders in the portfolio and also can serve as
sponsors of portfolio components.
Portfolio Management Standard, p. 5
Task 6 in the ECO in Performance