Question 1

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 2

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

Question 3

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

Question 4

Which of the following is a main element of the management control practice?

Options :

A : Collaborative working between the Portfolio Office and the organizations communications experts

B : A consistent approach to benefits categorization

C : Guidance and templates for business case preparation

D : Tailored investment criteria

Answer: D

Question 5

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

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