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1. If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?
A) Ensure that there is a common understanding of the portfolio governance framework
B) Assess whether corporate-level capacity planning is managed effectively
C) Ensure that sub-portfolios remain consistent with the organizational level portfolio
D) Monitor the risk that the portfolio governance body is overwhelmed with data
2. Which is a main element in the organizational governance practice?
A) Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
B) Clearly describing arrangements for benefits tracking and reporting
C) Applying staged release of funding linked to stage gates
D) Regular review of risks across the portfolio
3. Which is a main element of the benefits management practice?
A) Feeding lessons learned from post-implementation reviews back into forecasting
B) Present findings creatively
C) A shared vision of what the portfolio is designed to achieve
D) Defined processes recorded in the Portfolio Management Framework
4. Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?
A) Prioritizing the portfolio on the basis of resource availability
B) Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy
C) Ensuring the Portfolio Manager champions the implementation of Portfolio Management
D) Endorsing the decisions the Portfolio Office make about the composition of the portfolio
5. Which affects how the MoP principles and practices are adapted by an organization?
A) The organization's track record in terms of customer satisfaction
B) The organization's experience in the use of relevant IT solutions
C) The organization's maturity in project and programme management
D) The organization's use of sophisticated approaches
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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