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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 describes the full scope of portfolio management?
A. Deciding where to invest - 'doing the right things'
B. Ensuring successful initiative delivery - doing things right'
C. 'Doing the right things' and 'doing things right' at a collective level
D. 'Doing the right things' and 'doing things right' at an individual initiative level
Answer: C
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NO.3 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.4 Which describes the relationship between business as usual and portfolio management?
A. Change the business, run the portfolio
B. Run the business, change the business
C. Change the business, change the portfolio
D. Run the business, run the portfolio
Answer: B
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NO.5 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.6 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.7 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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NO.8 Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the
key foundations on which effective portfolio management is based.
A. practices
B. principles
C. cycles
D. techniques
Answer: B
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