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NEW QUESTION: 1
You are managing a big portfolio and have a lot of stakeholders, whether external or internal. You know that stakeholder engagement is crucial to the success of the portfolio and realize that in order to have proper stakeholders engagement you will need to
A. Update your communication management plan
B. Engage regularly with key stakeholders through formal and informal communication means
C. Develop a well-structured RACI matrix
D. Meet regularly with all stakeholders
Answer: C
Explanation:
Explanation
Although updates to the communication management plan and continuous engagement is needed, it is crucial for the portfolio manager to be able to properly engage each stakeholders based on the RACI matrix. RACI is a responsibility assignment chart that maps out every task, milestone or key decision involved in completing a project and assigns which roles are: Responsible for each action item, which personnel are Accountable, and, where appropriate, who needs to be Consulted or Informed

NEW QUESTION: 2
IT stakeholders have asked a risk practitioner for IT risk profile reports associated with specific departments to allocate resources for risk mitigation. The BEST way to address this request would be to use:
A. historical risk assessments.
B. key risk indicators (KRls).
C. information from the risk register.
D. the cost associated with each control.
Answer: B

NEW QUESTION: 3
Alternative work schedules for employees are said to increase the efficiency of business operations. Alternative work schedules are consistent with the underlying concepts of which theory?
A. Equity theory.
B. Cognitive evaluation theory.
C. Motivation-hygiene theory.
D. Theory X.
Answer: C
Explanation:
Herzberg's two-factor theory of human behavior postulates two classes of factors:motivational and hygiene. Hygiene factors dissatisfiers) include those factors whose presence will not especially motivate people but whose absence will lead to diminished motivation. These factors are extrinsic to the work itself. They include status, interpersonal relations, and alternative work schedules. Hygiene factors such as work schedules need to be adequate so that workers will have little dissatisfaction. The absence of motivational factors satisfiers) will not diminish performance, but their addition or availability will motivate employees. Intrinsic to the work itself, they include achievement, advancement, and recognition.