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NO.1 How do portfolio and performance management coordinate to deliver strategic objectives?
1.Utilise the expertise of the performance management function in designing portfolio performance
metrics
2.Deliver change initiatives that contribute to strategic objectives
3.Incorporate the anticipated impact of the portfolio in performance targets
4.Ensure the performance management function are engaged at an early point in the development
of business cases
A. 1, 2, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2, 3, 4
Answer: C
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NO.2 Which is an objective of portfolio management?
A. To ensure the portfolio contains all business change within the organization
B. To actively manage the deployment of project and programme staff
C. To ensure the collection of change initiatives is sufficient to achieve the required strategic
contribution
D. To ensure a single set of investment criteria are applied to all change initiatives
Answer: D
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NO.3 Which is a 'key to success' of the stakeholder engagement practice?
A. Use of contemporary communications
B. Evidence-based forecasting
C. Clarity about governance structures and roles
D. Involve risk experts
Answer: A
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NO.4 Which is a main element of the risk management practice?
A. Adoption of the champion-challenger' model
B. Introduction of a summary investment appraisal template
C. Preparation of a Portfolio Management Framework
D. Implementation of an effective escalation path to the relevant portfolio governance body
Answer: D
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NO.5 Which of the following is a main element of the financial management practice?
A. Application of staged release funding linked to stage/phase gates
B. Categorization of benefits as cashable and non-cashable
C. Consideration of financial liabilities arising from performance and guarantee bonds
D. Sub-portfolios are periodically reviewed
Answer: B
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NO.6 Identify the missing word in the definition of portfolio management. A coordinated collection
of [ ? ] processes and decisions that together enable the most effective balance of organizational
change and business as usual.
A. business
B. strategic
C. programme
D. delivery
Answer: C
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NO.7 Which statement about the prioritize practice is true?
A. A segmented portfolio should use the same criteria to prioritize each segment
B. Mandatory projects should not be included in the normal prioritization process
C. Prioritization of initiatives should be based on an estimate of financial benefits that may be
achieved
D. A mandatory requirement should be reviewed to ensure that the planned change is cost effective
Answer: D
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NO.8 Which of the following refers to the 'one version of the truth' technique?
A. Referring variances beyond control limit from plan to the portfolio governance body
B. Reporting via a documented route and schedule
C. Specifying points at which reviews of initiatives are linked to funding release
D. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
Answer: B
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