ECO Perfomance

Question 1

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

Answer 1

Using supply/demand management and scenario analysis techniques

Question 2

[HOW] Balance portfolio and prioritize portfolio components

Answer 2

Using established criteria and methods

Question 3

[HOW] Collect and consolidate key performance metric data

Answer 3

Using processes defined by portfolio governance and various techniques

Question 4

[HOW] Initiate the portfolio

Answer 4

Using the portfolio roadmap and supporting artifacts

Question 5

[WHY] Maintain records

Answer 5

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

Question 6

[HOW] Manage and escalate issues

Answer 6

Communicating recommended actions to appropriate decision-makers

Question 7

[HOW] Manage portfolio changes

Answer 7

Using change management techniques

Question 8

[HOW] Measure the aggregated portfolio performance results

Answer 8

Review actual against the defined business or strategic goals and objectives

Question 9

[HOW] Monitor the portfolio performance on an ongoing basis

Answer 9

Using reports, conversations, dashboards, and auditing techniques

Question 10

[HOW] Update and refine existing portfolio road maps

Answer 10

Using change analysis

Question 11

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

Answer 11

To ensure portfolio efficiency and effectiveness

Question 12

[WHY] Balance portfolio and prioritize portfolio components

Answer 12

To optimize resource utilization and achieve strategic portfolio objectives

Question 13

[WHY] Collect and consolidate key performance metric data

Answer 13

To measure the health of the portfolio

Question 14

[WHY] Initiate the portfolio

Answer 14

To authorize the portfolio structure and activate the components.

Question 15

[HOW] Maintain records

Answer 15

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

Question 16

[WHY] Manage and escalate issues

Answer 16

For timely approval and implementation of proposed solution(s)

Question 17

[WHY] Manage portfolio changes

Answer 17

To improve portfolio performance and maintain strategic alignment

Question 18

[WHY] Measure the aggregated portfolio performance results

Answer 18

To demonstrate progress toward the achievement of business or strategic goals

Question 19

[WHY] Monitor the portfolio performance on an ongoing basis

Answer 19

To ensure portfolio effectiveness and efficiency and maintain strategic alignment

Question 20

[WHY] Update and refine existing portfolio road maps

Answer 20

To facilitate re-allocation of organizational resources to the portfolio

Question 21

Develop Portfolio Performance Management Plan

Answer 21

(None)

Question 22

Manage Supply and Demand tasks

Answer 22

Analyze and optimize the consolidated allocation/reallocation of capacity

Question 23

Manage Portfolio Value tasks

Answer 23

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

Question 24

Optimize Portfolio tasks

Answer 24

• Balance portfolio and prioritize portfolio components
• Update and refine existing portfolio road maps
• Maintain records

Question 25

Provide Portfolio Oversight tasks

Answer 25

• Monitor the portfolio performance on an ongoing basis
• Manage portfolio changes
• Manage and escalate issues
• Maintain records

Question 26

Define Portfolio tasks

Answer 26

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

Question 27

Authorize Portfolio tasks

Answer 27

• Initiate the portfolio
• Maintain records