Question 1

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 2

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 3

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 4

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 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