Practice Test 2 ◾ 295
153. d. Meeting minutes
Updates to portfolio process assets are an output of the Manage
Portfolio Information process. One example is meeting minutes, espe-
cially those involving the governance group as they should be retained
as part of the portfolio artifacts.
Portfolio Management Standard, p. 118
Task 6 in the ECO in Communications
154. a. Positive or negative risk
Using the highly specialized training provider is positive if the provider
delivers as specied in the contract, and the organization does not need
to hire these specialized resources. If the provider does not perform as
expected, it then is a negative risk, and an alternative supplier must be
located or resources with the needed competencies hired.
Portfolio Management Standard, p. 122
Task 3 in the ECO in Risk Management
155. b. Descriptors and categories may need change
The portfolio strategic plan aligns the portfolio with organizational strat-
egy. If the strategy changes, the existing portfolio should be validated
against the changes as the key descriptors, categories, and organization
of the portfolio components may require change.
Portfolio Management Standard, pp.65–66
Task 1 in the ECO in Strategic Alignment
156. c. Benets
The portfolio strategic plan includes the prioritization model, benets,
assumptions, constraints, dependencies, and risks.
Portfolio Management Standard, p. 55
Task 7 in the ECO in Strategic Alignment
157. b. Reports on resource availability should be useful
Resources must be allocated to authorized components. Reports that
show the updated resource pool provide data on these resources and
any resources reallocated from terminated or canceled components.
Portfolio reports are an output of the Authorize Portfolio process.
Portfolio Management Standard, p. 80
Task 3 in the ECO in Governance