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EXIN Management of Portfolio® Foundation Sample Questions:

1. If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?

A) Monitor the risk that the portfolio governance body is overwhelmed with data
B) Assess whether corporate-level capacity planning is managed effectively
C) Ensure that there is a common understanding of the portfolio governance framework
D) Ensure that sub-portfolios remain consistent with the organizational level portfolio

2. Which is one of the keys to success of the portfolio management principle: strategy alignment?

A) Lessons learned are disseminated and acted upon
B) The portfolio is reviewed regularly
C) Roles, responsibilities and accountabilities are clearly defined
D) Stakeholders understand how portfolio decisions are made

3. Which is a benefit of portfolio management?

A) Detailed approaches are prescribed that are applicable to most organizations
B) Enables more efficient resource utilization
C) Justifies the application of sophisticated software tools
D) Enables best management practices such as PRINCE2 and MSP to be mandated

4. How does portfolio management support effective corporate governance?

A) Provides a means by which the link between strategy and resource allocation can be maintained
B) Controls the major changes to business as usual
C) Ensures that the organization's change initiatives represent the optimal allocation of limited resources
D) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded

5. Which are suggested techniques to align the portfolio with strategy where measures of strategic success have not been clearly defined?
1.Rate the strategic contribution of an initiative as critical, highly desirable or desirable
2.Split the available funding into relevant portfolio segments
3.Create a Portfolio Strategy
4.Senior managers debate strategic alignment and come to a collective decision on the portfolio

A) 1, 2, 3
B) 2, 3, 4
C) 1, 3, 4
D) 1, 2, 4

Solutions: