BRMP Certification exam fully solved

BRMP Certification exam fully solved What is Portfolio Management? - ANSWER Art & science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risks against performance. What is a Service? - ANSWER A means of delivering value to customers by facilitating outcomes customers want to achieve. Service value is a function of: - ANSWER Utility (fitness for purpose) and Warranty (fitness for use) And it changes over time Weill & Broadbent Portfolio Classification scheme: - ANSWER divides portfolio into 4 classes: infrastructure, transactional, informational and strategic. Boston Square Portfolio Classification scheme: - ANSWER describes different management styles for each class of IT investment: Strategic, High Potential, Factory, and Support. Alternate category names: Developer, Innovator, Controller, Caretaker. IT Governance - ANSWER 1) Aligns IT decision making with enterprise governance and business unit objectives.