Question 1

Which is a 'key to success' of the senior management commitment principle?

Options :

A : At least half of the management board must champion the implementation of portfolio management

B : The Portfolio Strategy includes a compelling vision for the portfolio

C : Accountabilities for members of management boards will be defined by the Portfolio Office

D : Senior managers' personal objectives are independent of the success of changes within the portfolio

Answer: C

Question 2

Which statement about 'decision conferencing' is FALSE?

Options :

A : Senior management debate and agree the scores/ratings for each initiative

B : The Board approve a prioritized listing developed by the Portfolio Office

C : A facilitator can help to ensure that a consensus is reached

D : It can result in greater commitment by senior management to the portfolio

Answer: B

Question 3

Which portfolio definition practice checks prioritized change initiatives against factors such as: timing; coverage of all strategic objectives; impact across the business etc?

Options :

A : Prioritize

B : Plan

C : Categorize

D : Balance

Answer: B

Question 4

Which documents are key outputs of the portfolio definition cycle?

Options :

A : Portfolio Management Framework and Portfolio Delivery Plan

B : Portfolio Benefits Management Framework and Portfolio Benefits Realization Plan

C : Portfolio Strategy and Portfolio Resource Schedule

D : Portfolio Strategy and Portfolio Delivery Plan

Answer: D

Question 5

How does portfolio management support effective corporate governance?

Options :

A : Portfolio management assesses whether the programmes and projects within the portfolio are necessary, sufficient, achievable and affordable

B : Portfolio management develops delivery capability across the organization

C : Portfolio management aligns performance and portfolio reporting in terms of timing and content

D : Portfolio management links delivery of the organization-s strategic objectives with investment in change in a transparent way that enhances effective accountability

Answer: D

Free 106 Mock Exam – Practice Online Confidently

Buying Options: