NO.1 How do portfolio and performance management coordinate to deliver
strategic objectives?
1.Utilise the expertise of the performance management
function in designing portfolio performance
metrics
2.Deliver change
initiatives that contribute to strategic objectives
3.Incorporate the
anticipated impact of the portfolio in performance targets
NO.2 Which is
a benefit of assessing the impact of portfolio management?
A. More of
the'right' programmes and projects being undertaken
B. It can help
demonstrate a compelling case for investment in portfolio management
C. The
portfolio governance body comes to a collective decision on the composition of
the portfolio
D. More informed decisions concerning the initiation and
scheduling of initiatives
Answer:
B
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NO.3 Which statement
describes the purpose of the Portfolio Direction Group /
Investment
Committee?
A. The role that is responsible for approving
changes to the portfolio delivery practices
B. The governance body where
decisions about inclusion of initiatives in the portfolio are made
C. The
governance body responsible for monitoring portfolio progress and resolving
issues that may
compromise delivery and benefits realization
D. Ensuring
that a consistent fit for purpose' approach to benefits management is applied
across the
portfolio
Answer:
A
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NO.4 Ensure the
performance management function are engaged at an early point in the
development
of business cases
A. 1,2,3
B. 1,2,4
C. 1,3,4
D.
2,3,4
Answer: C
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4. Which is a main element in the resource management
practice?
A. Understanding the demand for constrained resources
B.
Motivating people to commit to the delivery of shared goals
C. Scheduling
portfolio initiatives to avoid adversely impacting operational performance
D.
Emphasising the need to operate as one team
Answer: A
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NO.5 Which of the following is a consequence of the
portfolio definition cycle being managed well?
A. Resources are re-allocated
when required resulting in the portfolio remaining strategically aligned
B.
The portfolio governance body makes informed decisions on the composition of the
portfolio
C. Initiatives will be started without considering their fit with
the current portfolio
D. Resources, risks and dependencies will be
efficiently and effectively managed
Answer: C
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6. Which of the following
are main elements of the risk management practice?
1.Implementing standards
which apply to all change initiatives 2.Collaborative working to
facilitate
compliance with organizational standards 3.An effective escalation
process 4.Champion-challenger
model
A. 1,2,3
B. 1,2,4
C. 1,3,4
D.
2,3,4
Answer: A
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7. Which is NOT a 'key to
success' of an energized change culture?
A. A learning organization in which
lessons learned are captured, disseminated and acted upon
B. Collaborative
working including adapting the reward and recognition systems to reflect
and
encourage desired corporate behaviours
C. A Portfolio Office that is
appropriately skilled with an agreed mandate
D. Role descriptions clearly
link personal objectives with strategic objectives
Answer:
C
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8. What role is responsible for monitoring portfolio progress
and resolving issues that may
compromise delivery and benefits
realization?
A. Portfolio Benefits Manager
B. Portfolio Direction
Group
C. Portfolio Progress Group
D. Portfolio Manager
Answer:
C
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9. How does portfolio
management support effective corporate governance?
A. Controls the major
changes to business as usual
B. Clarifies responsibility and accountability
for making decisions on which programmes and
projects will be funded
C.
Ensures that the organization's change initiatives represent the optimal
allocation of limited
resources
D. Provides a means by which the link
between strategy and resource allocation can be maintained
Answer:
D
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10. Which is one of the 5 portfolio management
principles?
A. Portfolio delivery
B. Governance alignment
C.
Categorize
D. Management by exception
Answer: B
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Exam Code:
EX0-005Exam Name: Management of Portfolio® Foundation
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