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NEW QUESTION: 1
In a portfolio you have a continuous interaction between the portfolio and its components. You have to follow a lot of processes and procedures in order to reach a satisfactory result. In your opinion as a portfolio manager, who guides the portfolio team to follow the processes, metrics, and other procedures in the portfolio?
A. Company's CEO
B. Portfolio Sponsor
C. Portfolio Manager
D. Portfolio Management Office
Answer: C
Explanation:
Explanation
This is a tricky question. You should note here that the portfolio sponsor is responsible and accountable for the success of the portfolio, however, a portfolio sponsor is normally an executive who has a lot of obligations and does not have the luxury of time such as the portfolio manager to follow up regularly on the team. The sponsor follows up with the portfolio manager on the progress and only intervenes in the case where there is a big issue that the portfolio manager or the steering committee can not solve. Thus, the person who guides the portfolio team should be the portfolio manager because the portfolio manager, in contradiction to what others may think of, manages and guides the portfolio team to execute the different processes. Portfolio Manager is the right answer for this question

NEW QUESTION: 2


Answer:
Explanation:

Explanation


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