Prepare 106 Question Answers - 106 Exam Dumps
Real Peoplecert 106 Exam Questions [Updated 2022]
NEW QUESTION 19
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
- A. Speed at which requests for change are assessed and responded to by individual projects and programmes
- B. Speed at which service is provided to customers from the point of first contact
- C. Speed at which initiatives, aimed at improving customer service, progress through the development pipeline
- D. Speed at which customer complaints are dealt with from point of receipt through to resolution
Answer: D
NEW QUESTION 20
What is reference class forecasting?
- A. An approach for implementing portfolio management in a less-stable environment, where strategy is also developing
- B. Predicting future performance based on an assessment of the past performance
- C. An approach for implementing portfolio management part by part as and when time permits
- D. An approach for implementing portfolio management in a stable environment where the top management sets strategy
Answer: B
NEW QUESTION 21
Which of the following is NOT a main element of the benefits management practice?
- A. Clear arrangements for benefits tracking
- B. A portfolio-level Benefits Realization Plan
- C. Demonstrable senior management commitment
- D. Inclusion of re-appraisal of benefits in portfolio-level reviews
Answer: D
NEW QUESTION 22
What role is responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization?
- A. Portfolio Benefits Manager
- B. Portfolio Direction Group
- C. Portfolio Progress Group
- D. Portfolio Manager
Answer: C
NEW QUESTION 23
Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.
- A. are a non-critical part of the project plan
- B. are a relatively simple matter
- C. are not always immediately obvious
- D. do not need to be summarised in a portfolio dashboard report
Answer: C
NEW QUESTION 24
Which of the following is a main element of the financial management practice?
- A. Application of staged release funding linked to stage/phase gates
- B. Categorization of benefits as cashable and non-cashable
- C. Consideration of financial liabilities arising from performance and guarantee bonds
- D. Sub-portfolios are periodically reviewed
Answer: B
NEW QUESTION 25
Which describes the relationship between business as usual and portfolio management?
- A. Run the business, run the portfolio
- B. Change the business, run the portfolio
- C. Change the business, change the portfolio
- D. Run the business, change the business
Answer: D
NEW QUESTION 26
What portfolio document sets the standards for consistent approaches to benefits management across the portfolio?
- A. Portfolio Dashboard
- B. Portfolio Management Framework
- C. Portfolio Benefits Realization Plan
- D. Portfolio Benefits Management Framework
Answer: D
NEW QUESTION 27
Which describes the full scope of portfolio management?
- A. 'Doing the right things' and 'doing things right' at an individual initiative level
- B. Ensuring successful initiative delivery - doing things right'
- C. 'Doing the right things' and 'doing things right' at a collective level
- D. Deciding where to invest - 'doing the right things'
Answer: C
NEW QUESTION 28
Which is one of the five portfolio management principles?
- A. Multi-criteria analysis
- B. Prioritize
- C. Strategy alignment
- D. Portfolio definition
Answer: C
NEW QUESTION 29
Which is a way of sustaining progress in the implementation of portfolio management?
- A. Introduce completely new processes rather than build on existing organizational processes
- B. Align reward and recognition processes to departmental or functional performance
- C. Use the most sophisticated software solution available
- D. Adopt an incremental rather than a big bang approach
Answer: B
NEW QUESTION 30
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. Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes
- D. Align reward and recognition processes for senior management to appropriate behaviours
Answer: D
NEW QUESTION 31
Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1. It helps to ensure that a consistent approach is applied across the
portfolio
2. It prepares the Portfolio Strategy and Delivery Plan
3. It is a temporary structure set up to assist with the delivery of
change
4. It provides assurance to senior management on effective delivery of
change
- A. 1, 2, 3
- B. 2, 3, 4
- C. 1, 3, 4
- D. 1, 2, 4
Answer: D
NEW QUESTION 32
Which is a portfolio delivery practice?
- A. Governance alignment
- B. Financial management
- C. Staged release of funding
- D. Categorize
Answer: A
NEW QUESTION 33
Which is NOT a 'key to success' of an energized change culture?
- A. A Portfolio Office that is appropriately skilled with an agreed mandate
- B. A learning organization in which lessons learned are captured, disseminated and acted upon
- C. Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours
- D. Role descriptions clearly link personal objectives with strategic objectives
Answer: A
NEW QUESTION 34
What does portfolio management provide strategic planning with?
- A. Momentum and energy for strategy development based on effective delivery of change
- B. Setting of strategic objectives and confirmation of any changes
- C. Setting the context within which strategic planning operates
- D. Analysis of the environment within which strategy is developed
Answer: A
NEW QUESTION 35
Which is NOT one of the three broad approaches to implementing portfolio management?
- A. One version of the truth
- B. Evolution
- C. Big bang
- D. Ad hoc
Answer: C
NEW QUESTION 36
If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?
- A. Ensure that sub-portfolios remain consistent with the organizational level portfolio
- B. Ensure that there is a common understanding of the portfolio governance framework
- C. Assess whether corporate-level capacity planning is managed effectively
- D. Monitor the risk that the portfolio governance body is overwhelmed with data
Answer: A
NEW QUESTION 37
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