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EXIN Management of Portfolio® Foundation Sample Questions:
1. Which is NOT a 'key to success' of an energized change culture?
A) Role descriptions clearly link personal objectives with strategic objectives
B) A learning organization in which lessons learned are captured, disseminated and acted upon
C) A Portfolio Office that is appropriately skilled with an agreed mandate
D) Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours
2. If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?
A) Assess whether corporate-level capacity planning is managed effectively
B) Ensure that sub-portfolios remain consistent with the organizational level portfolio
C) Ensure that there is a common understanding of the portfolio governance framework
D) Monitor the risk that the portfolio governance body is overwhelmed with data
3. Which of the following is a main element of the financial management practice?
A) Categorization of benefits as cashable and non-cashable
B) Application of staged release funding linked to stage/phase gates
C) Sub-portfolios are periodically reviewed
D) Consideration of financial liabilities arising from performance and guarantee bonds
4. Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?
A) Portfolio management runs the business; BAU changes the business
B) Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management
C) Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented
D) Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements
5. Which is one of the keys to success of the portfolio management principle: strategy alignment?
A) Lessons learned are disseminated and acted upon
B) Roles, responsibilities and accountabilities are clearly defined
C) The portfolio is reviewed regularly
D) Stakeholders understand how portfolio decisions are made
Solutions:
Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |