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EXIN Management of Portfolio® Foundation Sample Questions:
1. Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
A) The governance body where decisions about inclusion of initiatives in the portfolio are made
B) Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
C) The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
D) The role that is responsible for approving changes to the portfolio delivery practices
2. Which describes the full scope of portfolio management?
A) Deciding where to invest - 'doing the right things'
B) Ensuring successful initiative delivery - doing things right'
C) 'Doing the right things' and 'doing things right' at an individual initiative level
D) 'Doing the right things' and 'doing things right' at a collective level
3. In which circumstance would the'evolutionary' approach to implementation of portfolio management be MOST appropriate?
A) In a less stable marketplace where strategy is formulated top-down
B) In a less stable marketplace where strategy is emergent
C) In a stable marketplace and where strategy is emergent
D) In a stable marketplace where strategy is formulated top-down
4. Which are suggested techniques to align the portfolio with strategy where measures of strategic success have not been clearly defined?
1.Rate the strategic contribution of an initiative as critical, highly desirable or desirable
2.Split the available funding into relevant portfolio segments
3.Create a Portfolio Strategy
4.Senior managers debate strategic alignment and come to a collective decision on the portfolio
A) 1,3,4
B) 1,2,4
C) 1,2,3
D) 2,3,4
5. Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?
A) By explaining which projects will deliver the change and how they are being monitored
B) By explaining who is responsible for realizing benefits and how their performance will be assessed
C) By explaining which programme will deliver the change and how it is being monitored
D) By explaining when the impacts of change initiatives will be observed and how they will be measured
Solutions:
Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |