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EXIN Management of Portfolio® Foundation Sample Questions:
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, 4
B) 1, 2, 3
C) 1, 3, 4
D) 2, 3, 4
2. Which of the following is a main element of the management control practice?
A) A consistent approach to benefits categorization
B) Guidance and templates for business case preparation
C) Collaborative working between the Portfolio Office and the organizations communications experts
D) Tailored investment criteria
3. Which is one of the keys to success of the portfolio management principle: strategy alignment?
A) Stakeholders understand how portfolio decisions are made
B) Roles, responsibilities and accountabilities are clearly defined
C) The portfolio is reviewed regularly
D) Lessons learned are disseminated and acted upon
4. 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 responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
C) The governance body where decisions about inclusion of initiatives in the portfolio are made
D) The role that is responsible for approving changes to the portfolio delivery practices
5. Which is a result of an effectively managed portfolio delivery cycle?
A) Change initiatives are planned in detail
B) The portfolio governance body makes informed decisions on the composition of the portfolio
C) Improved delivery on time and to budget
D) There is clarity on the high level scope of potential change initiatives
Solutions:
Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |