1. Which of the following essential elements of IT Portfolio Investment Management enables portfolio managers to include or exclude investments, change start and end dates, adjust budgets and reevaluate priorities?

A) Integrated Capability
B) Portfolio Planning Analysis
C) Portfolio What-If Planning
D) Portfolio Management



2. Fred is the project manager of the PKL project. He is working with his project team to complete the quantitative risk analysis process as a part of risk management planning.Fred understands that once the quantitative risk analysis process is complete, the process will need to be completed again in at least two other times in the project. When will the quantitative risk analysis process need to be repeated?

A) Quantitative risk analysis process will be completed again after the risk response planning and as a part of monitoring and controlling.
B) Quantitative risk analysis process will be completed again after the plan risk response planning and as part of procurement.
C) Quantitative risk analysis process will be completed again after new risks are identified and as pa of monitoring and controlling.
D) Quantitative risk analysis process will be completed again after the cost management planning an as a part of monitoring and controlling.



3. You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?

A) Costs
B) Risks
C) Human resource needs
D) Quality control concerns



4. Which of the following processes ensures that all vital assets and resources of the organization are safeguarded?

A) Defining Resource Requirements process
B) Cost estimating process
C) Vendor contract administration process
D) Risk management process



5. In software development, which of the following analysis is used to document the services and functions that have been accidentally left out, deliberately eliminated or still need to be developed?

A) Vulnerability analysis
B) Cost-benefit analysis
C) Requirement analysis
D) Gap analysis