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1. Which is the purpose of the understand practice?
A) To monitor progress against the Portfolio Delivery Plan
B) To obtain a clear understanding of what is in the current portfolio and development pipeline, including forecast costs, benefits and risks
C) To ensure a portfolio is balanced, taking into account coverage of all strategic objectives and impact across the business
D) To answer the question as to which initiatives the organization should invest in
2. In which circumstance would the'evolutionary' approach to implementation of portfolio management be MOST appropriate?
A) In a less stable marketplace where strategy is formulated top-down
B) In a stable marketplace where strategy is formulated top-down
C) In a less stable marketplace where strategy is emergent
D) In a stable marketplace and where strategy is emergent
3. Which are responsibilities of portfolio management in terms of delivering initiatives that contribute to strategic objectives?
1.Development of delivery capability organization-wide 2.Management of limited resources 3.Effective dependency management across the portfolio 4.Delivery of change initiatives within the portfolio
A) 1,3,4
B) 1,2,4
C) 1,2,3
D) 2,3,4
4. Which is NOT one of the three broad approaches to implementing portfolio management?
A) Big bang
B) Evolution
C) Ad hoc
D) One version of the truth
5. 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) 1,3,4
B) 1,2,4
C) 1,2,3
D) 2,3,4
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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