ECO Perfomance Flashcards

1
Q

[HOW] Analyze and optimize the consolidated allocation/reallocation of capacity (e.g., people, tools, materials, technology, facilities, financial)

A

Using supply/demand management and scenario analysis techniques

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2
Q

[HOW] Balance portfolio and prioritize portfolio components

A

Using established criteria and methods

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3
Q

[HOW] Collect and consolidate key performance metric data

A

Using processes defined by portfolio governance and various techniques

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4
Q

[HOW] Initiate the portfolio

A

Using the portfolio roadmap and supporting artifacts

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5
Q

[WHY] Maintain records

A

To ensure compliance with organizational policies, regulatory requirements, and portfolio management standards

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6
Q

[HOW] Manage and escalate issues

A

Communicating recommended actions to appropriate decision-makers

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7
Q

[HOW] Manage portfolio changes

A

Using change management techniques

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8
Q

[HOW] Measure the aggregated portfolio performance results

A

Review actual against the defined business or strategic goals and objectives

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9
Q

[HOW] Monitor the portfolio performance on an ongoing basis

A

Using reports, conversations, dashboards, and auditing techniques

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10
Q

[HOW] Update and refine existing portfolio road maps

A

Using change analysis

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11
Q

[NEXT] Analyze and optimize the consolidated allocation/reallocation of capacity (e.g., people, tools, materials, technology, facilities, financial)

A

Maintain records

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12
Q

[NEXT] Balance portfolio and prioritize portfolio components

A

Analyze and optimize the consolidated allocation/reallocation of capacity (e.g., people, tools, materials, technology, facilities, financial)

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13
Q

[NEXT] Collect and consolidate key performance metric data

A

Measure the aggregated portfolio performance results

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14
Q

[NEXT] Manage and escalate issues

A

Maintain records

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15
Q

[NEXT] Manage portfolio changes

A

Update and refine existing portfolio road maps

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16
Q

[NEXT] Measure the aggregated portfolio performance results

A

Monitor the portfolio performance on an ongoing basis

17
Q

[NEXT] Monitor the portfolio performance on an ongoing basis

A

Manage and escalate issues

18
Q

[NEXT] Update and refine existing portfolio road maps

A

Maintain records

19
Q

[Resource/NEXT] Initiate the portfolio

A

Balance portfolio and prioritize portfolio components

20
Q

[Value/NEXT] Initiate the portfolio

A

Collect and consolidate key performance metric data

21
Q

[WHY] Analyze and optimize the consolidated allocation/reallocation of capacity (e.g., people, tools, materials, technology, facilities, financial)

A

To ensure portfolio efficiency and effectiveness

22
Q

[WHY] Balance portfolio and prioritize portfolio components

A

To optimize resource utilization and achieve strategic portfolio objectives

23
Q

[WHY] Collect and consolidate key performance metric data

A

To measure the health of the portfolio

24
Q

[WHY] Initiate the portfolio

A

To authorize the portfolio structure and activate the components.

25
Q

[HOW] Maintain records

A

Capturing portfolio artifacts, such as approvals, prioritizations, and other decisions

26
Q

[WHY] Manage and escalate issues

A

For timely approval and implementation of proposed solution(s)

27
Q

[WHY] Manage portfolio changes

A

To improve portfolio performance and maintain strategic alignment

28
Q

[WHY] Measure the aggregated portfolio performance results

A

To demonstrate progress toward the achievement of business or strategic goals

29
Q

[WHY] Monitor the portfolio performance on an ongoing basis

A

To ensure portfolio effectiveness and efficiency and maintain strategic alignment

30
Q

[WHY] Update and refine existing portfolio road maps

A

To facilitate re-allocation of organizational resources to the portfolio

31
Q

Develop Portfolio Performance Management Plan

A

(None)

32
Q

Manage Supply and Demand tasks

A

Analyze and optimize the consolidated allocation/reallocation of capacity

33
Q

Manage Portfolio Value tasks

A
  • Collect and consolidate key performance metric data
  • Measure the aggregated portfolio performance results against the defined business or strategic goals and objectives
34
Q

Optimize Portfolio tasks

A
  • Balance portfolio and prioritize portfolio components
  • Update and refine existing portfolio road maps
35
Q

Provide Portfolio Oversight tasks

A
  • Monitor the portfolio performance on an ongoing basis
  • Manage portfolio changes
  • Manage and escalate issues
  • Maintain records by capturing portfolio artifacts, such as approvals, prioritizations, and other decisions
36
Q

Define Portfolio tasks

A
  • Initiate the portfolio
  • Update and refine existing portfolio road maps