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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?

A) Prioritize
B) Categorize
C) Plan
D) Balance

2. Which is NOT a 'key to success' of the balance practice?

A) Algorithms and investment rules may guide decision-making
B) Balancing follows preparation of the Portfolio Strategy and Delivery Plan
C) The portfolio governance body should understand its role in balancing the portfolio
D) Findings may be presented in a graphical format

3. 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) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded
D) Ensures that the organization's change initiatives represent the optimal allocation of limited resources

4. Which are benefits of assessing the impact of portfolio management?
1.It can help demonstrate a compelling case for investment in portfolio management
2.It helps in the on-going development of more effective portfolio management practices
3.It enables more effective implementation of programmes and projects via management of the project development pipeline, dependencies, and constraints
4.The process of measurement can help ensure success - reflecting the management expression, what gets measured gets done'

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

5. What is the definition of portfolio management?

A) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
B) Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business
C) An approach, or line to take, designed to achieve a long-term aim
D) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual

Solutions: