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NEW QUESTION 61
Which documents are key outputs of the portfolio definition cycle?
- A. Portfolio Strategy and Portfolio Resource Schedule
- B. Portfolio Strategy and Portfolio Delivery Plan
- C. Portfolio Benefits Management Framework and Portfolio Benefits Realization Plan
- D. Portfolio Management Framework and Portfolio Delivery Plan
Answer: B
NEW QUESTION 62
Which is a main element of the management control practice?
- A. Stage or phase gates
- B. Strategy alignment
- C. Decision conferencing
- D. Benefits eligibility rules
Answer: A
NEW QUESTION 63
Which are responsibilities of portfolio management in terms of delivering initiatives that contribute to strategic objectives?
1. Development of delivery capability organization-wide
2. Management of limited resources
3. Effective dependency management across the portfolio
4. Delivery of change initiatives within the portfolio
- A. 1, 3, 4
- B. 1, 2, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: D
NEW QUESTION 64
Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?
- A. Prioritizing the portfolio on the basis of resource availability
- B. Ensuring the Portfolio Manager champions the implementation of Portfolio Management
- C. Endorsing the decisions the Portfolio Office make about the composition of the portfolio
- D. Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy
Answer: D
NEW QUESTION 65
What affects how the MoP principles and practices are adapted by an organization?
- A. The organization's decision-making standards and processes
- B. The organization's operational targets
- C. The organization's use of sophisticated approaches
- D. The organization's experience in the use of relevant IT solutions
Answer: A
NEW QUESTION 66
Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
- A. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
- B. The governance body where decisions about inclusion of initiatives in the portfolio are made
- C. The role that is responsible for approving changes to the portfolio delivery practices
- D. The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
Answer: C
NEW QUESTION 67
What is the definition of programme management?
- A. It is the totality of its investment in the changes (or segment thereof) required to achieve the strategic objectives.
- B. An activity that harvests value from assets owned by a business
- C. An approach to manage several related projects, to improve the performance of the entire programme.
- D. A coordinated collection of strategic processes and decisions.
Answer: C
NEW QUESTION 68
Identify the missing words in the following sentence. A purpose of the Portfolio Benefits Realization Plan is to provide [?] against which to assess the benefits actually realized.
- A. a standard
- B. a baseline
- C. a gap analysis
- D. a strategy
Answer: B
NEW QUESTION 69
Which affects how the MoP principles and practices are adapted by an organization?
- A. The organization's use of sophisticated approaches
- B. The organization's maturity in project and programme management
- C. The organization's track record in terms of customer satisfaction
- D. The organization's experience in the use of relevant IT solutions
Answer: D
NEW QUESTION 70
Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?
- A. Categorize
- B. Balance
- C. Plan
- D. Prioritize
Answer: C
NEW QUESTION 71
Which portfolio management document contains key dependencies?
- A. Portfolio Stakeholder Engagement and Communications Plan
- B. Portfolio Benefits Management Framework
- C. Portfolio Delivery Plan
- D. Portfolio Resource Schedule
Answer: C
NEW QUESTION 72
Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1. It helps to ensure that a consistent approach is applied across the
portfolio
2. It prepares the Portfolio Strategy and Delivery Plan
3. It is a temporary structure set up to assist with the delivery of
change
4. It provides assurance to senior management on effective delivery of
change
- A. 1, 3, 4
- B. 1, 2, 3
- C. 1, 2, 4
- D. 2, 3, 4
Answer: C
NEW QUESTION 73
In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?
- A. In a less stable marketplace where strategy is emergent
- B. In a less stable marketplace where strategy is formulated top-down
- C. In a stable marketplace where strategy is formulated top-down
- D. In a stable marketplace and where strategy is emergent
Answer: A
NEW QUESTION 74
Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.
- A. techniques
- B. cycles
- C. principles
- D. practices
Answer: C
NEW QUESTION 75
Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?
- A. Budgeting and resource allocation
- B. Communications
- C. Real estate and Property services
- D. Resource management
Answer: D
NEW QUESTION 76
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