NO.1 Identify the missing words in the following sentence. A consequence of a
well-functioning
portfolio delivery cycle is a portfolio [?] by enabling
resource re-allocation when required.
A. that remains strategically
aligned
B. that has clarity on its high-level scope
C. where the portfolio
governance body makes informed decisions on composition
D. that matches
planned changes with its capacity to deliver
Answer: D
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NO.2 Which statement about multi-level portfolios is
true?
A. There should be clearly defined rules for delegation
B.
Investment decisions are only reviewed at corporate level
C. Management of
sub-portfolios is independent of the portfolio governance body
D. All current
and planned change initiatives must be included in one of the
sub-portfolios
Answer: D
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NO.3 Which of the following is a main element of the
financial management practice?
A. Application of staged release funding
linked to stage/phase gates
B. Categorization of benefits as cashable and
non-cashable
C. Consideration of financial liabilities arising from
performance and guarantee bonds
D. Sub-portfolios are periodically
reviewed
Answer: B
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NO.4 Which is a 'key
to success' of the stakeholder engagement practice?
A. Use of contemporary
communications
B. Evidence-based forecasting
C. Clarity about governance
structures and roles
D. Involve risk experts
Answer: A
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NO.5
Identify the missing word in the definition of portfolio management. A
coordinated collection
of [ ? ] processes and decisions that together enable
the most effective balance of organizational
change and business as
usual.
A. business
B. strategic
C. programme
D. delivery
Answer:
C
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NO.6 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.7 Which is a main element of the risk management
practice?
A. Adoption of the champion-challenger' model
B. Introduction of
a summary investment appraisal template
C. Preparation of a Portfolio
Management Framework
D. Implementation of an effective escalation path to the
relevant portfolio governance body
Answer: D
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NO.8 Which of the following refers to the 'one version of
the truth' technique?
A. Referring variances beyond control limit from plan
to the portfolio governance body
B. Reporting via a documented route and
schedule
C. Specifying points at which reviews of initiatives are linked to
funding release
D. Deriving forecasts of costs, duration and benefits of an
initiative from similar previous projects
Answer: B
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Exam Code:
MOPFExam Name: Management of Portfolio® Foundation
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