074-344 Real Exam Prep DEMO

Question 1: A company deploys Project Server 2013 to perform a Portfolio Analysis, which they will use to
select the projects they will execute in the next fiscal period.
The company establishes the criteria to evaluate the portfolio components, and all business cases
must be evaluated under these parameters. When configuring Project Server 2013, the Project
Management Office (PMO) finds that the established criteria contain both qualitative and
quantitative elements, such as corporate reputation and internal rate of return (IRR).
You need to provide a system calculated approach to rank your strategic initiatives against each
other. Which two actions should you perform? (Each correct answer presents part of the solution.
Choose two.)
A. Create a Business Driver library that captures the criteria in quantifiable impact statements that
are specific and measurable.
B. Perform a pairwise analysis on the driver set to identify relative priorities.
C. Perform a prioritization by assigning a relative weight to each value criterion and establish the
priorities.
D. Create a custom field for each criterion and ensure each value is captured for each project by
making the project fields as required.
Correct Answer: A,B