Question 1

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 2

Which of the following is NOT a main element of the benefits management practice?

Options :

A : Clear arrangements for benefits tracking

B : A portfolio-level Benefits Realization Plan

C : Inclusion of re-appraisal of benefits in portfolio-level reviews

D : Demonstrable senior management commitment

Answer: C

Question 3

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 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

Why is it sometimes helpful to break down portfolio categories or segments into sub-categories?

Options :

A : To evaluate the benefits expected from each change initiative

B : To produce a ranked list of strategic changes, taking into account impact across the business

C : To assess the contribution of initiatives by expressing strategic objectives in greater detail

D : To ensure business cases are prepared on a consistent basis

Answer: C