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1. Which is a main element in the organizational governance practice?
A) Clearly describing arrangements for benefits tracking and reporting
B) Regular review of risks across the portfolio
C) Applying staged release of funding linked to stage gates
D) Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
2. Which is a way of sustaining progress in the implementation of portfolio management?
A) Adopt a big bang approach rather than an incremental or staged approach
B) Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses
C) Align reward and recognition processes for senior management to appropriate behaviours
D) Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes
3. Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?
A) Endorsing the decisions the Portfolio Office make about the composition of the portfolio
B) Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy
C) Ensuring the Portfolio Manager champions the implementation of Portfolio Management
D) Prioritizing the portfolio on the basis of resource availability
4. Which is one of the 5 portfolio management principles?
A) Management by exception
B) Categorize
C) Portfolio delivery
D) Governance alignment
5. Which is one of the six key functions that portfolio management needs to coordinate with to achieve strategic objectives?
A) Performance management
B) Information Technology
C) Centre of Excellence
D) Business Architecture Planning
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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