Question 1

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 2

What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

Options :

A : Portfolio definition cycle

B : Understand practice

C : Portfolio delivery cycle

D : Strategy alignment principle

Answer: C

Question 3

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 4

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 5

Which is a way of sustaining progress in the implementation of portfolio management?

Options :

A : Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes

B : Adopt a big bang approach rather than an incremental or staged approach

C : Align reward and recognition processes for senior management to appropriate behaviours

D : Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses

Answer: C

Free 106 Mock Exam – Practice Online Confidently

Buying Options: