Question 1

Why is it sometimes helpful to break down portfolio categories or segments into sub-categories?

Options :

A : To evaluate the benefits expected from each change initiative

B : To produce a ranked list of strategic changes, taking into account impact across the business

C : To assess the contribution of initiatives by expressing strategic objectives in greater detail

D : To ensure business cases are prepared on a consistent basis

Answer: C

Question 2

How does portfolio management support effective corporate governance?

Options :

A : Portfolio management assesses whether the programmes and projects within the portfolio are necessary, sufficient, achievable and affordable

B : Portfolio management develops delivery capability across the organization

C : Portfolio management aligns performance and portfolio reporting in terms of timing and content

D : Portfolio management links delivery of the organization-s strategic objectives with investment in change in a transparent way that enhances effective accountability

Answer: D

Question 3

Which documents are key outputs of the portfolio definition cycle?

Options :

A : Portfolio Management Framework and Portfolio Delivery Plan

B : Portfolio Benefits Management Framework and Portfolio Benefits Realization Plan

C : Portfolio Strategy and Portfolio Resource Schedule

D : Portfolio Strategy and Portfolio Delivery Plan

Answer: D

Question 4

Which statement about 'decision conferencing' is FALSE?

Options :

A : Senior management debate and agree the scores/ratings for each initiative

B : The Board approve a prioritized listing developed by the Portfolio Office

C : A facilitator can help to ensure that a consensus is reached

D : It can result in greater commitment by senior management to the portfolio

Answer: B

Question 5

Which of the following is NOT a main element of the benefits management practice?

Options :

A : Clear arrangements for benefits tracking

B : A portfolio-level Benefits Realization Plan

C : Inclusion of re-appraisal of benefits in portfolio-level reviews

D : Demonstrable senior management commitment

Answer: C

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