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Exin MOPF Dumps

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Total 100 questions
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Management of Portfolio Foundation Questions and Answers

Question 1

Which of the following are 'keys to success' of the organizational governance practice?

1. A shared vision for the portfolio

2. Focus on senior management

3. Business cases and progress are reviewed regularly

4. Shared understanding of the governance structure and processes

Options:

A.

1, 2, 3

B.

1, 2, 4

C.

1, 3, 4

D.

2, 3, 4

Question 2

Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?

Options:

A.

Real estate and Property services

B.

Budgeting and resource allocation

C.

Resource management

D.

Communications

Question 3

Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?

Options:

A.

By explaining when the impacts of change initiatives will be observed and how they will be measured

B.

By explaining which projects will deliver the change and how they are being monitored

C.

By explaining which programme will deliver the change and how it is being monitored

D.

By explaining who is responsible for realizing benefits and how their performance will be assessed

Question 4

Which is a 'key to success' of the stakeholder engagement practice?

Options:

A.

Use of contemporary communications

B.

Evidence-based forecasting

C.

Clarity about governance structures and roles

D.

Involve risk experts

Question 5

What term describes portfolio delivery in the context of MoP?

Options:

A.

practice

B.

technique

C.

principle

D.

cycle

Question 6

Which is NOT one of the three broad approaches to implementing portfolio management?

Options:

A.

Evolution

B.

Big bang

C.

Ad hoc

D.

One version of the truth

Question 7

How does portfolio management enable the most effective balance of organizational change and business as usual?

1. ensure change initiatives are agreed at the appropriate management level

2. prioritize change initiatives in line with strategic objectives

3. review change initiatives regularly in terms of progress, cost, risk, benefits and strategic contribution

4. cancel change initiatives if other initiatives appear with a better predicted return

Options:

A.

1, 2, 3

B.

1, 2, 4

C.

1, 3, 4

D.

2, 3, 4

Question 8

Which is a 'key to success' of the senior management commitment principle?

Options:

A.

At least half of the management board must champion the implementation of portfolio management

B.

The Portfolio Strategy includes a compelling vision for the portfolio

C.

Accountabilities for members of management boards will be defined by the Portfolio Office

D.

Senior managers' personal objectives are independent of the success of changes within the portfolio

Question 9

Which illustrates a 'key to success' for the balance practice?

Options:

A.

Use algorithms and investment rules to guide decision making

B.

Use financial investment criteria, such as NPV

C.

Clearly defining the scope of the portfolio and what constitutes a project

D.

Use categorization to assess alignment to strategic objectives

Question 10

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

Question 11

Which is a main element of the benefits management practice?

Options:

A.

Defined processes recorded in the Portfolio Management Framework

B.

A shared vision of what the portfolio is designed to achieve

C.

Present findings creatively

D.

Feeding lessons learned from post-implementation reviews back into forecasting

Question 12

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.

Options:

A.

are a relatively simple matter

B.

are a non-critical part of the project plan

C.

are not always immediately obvious

D.

do not need to be summarised in a portfolio dashboard report

Question 13

Which is a responsibility of the Portfolio Direction Group / Investment Committee?

Options:

A.

Ensure the portfolio is properly balanced

B.

Champion the implementation of portfolio management across the organization

C.

Develop the organization's Portfolio Benefits Management Framework

D.

Ensure business case data is prepared on a consistent basis across the organization

Question 14

Which is NOT an acceptable approach to budgeting in the context of portfolio management?

Options:

A.

Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit

B.

Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives

C.

Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit

D.

Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units

Question 15

What has as its purpose - to collate key information for senior management on those change initiatives that will deliver the greatest contribution to the strategic objectives?

Options:

A.

Portfolio delivery cycle

B.

Portfolio management principles

C.

Portfolio definition cycle

D.

Management control practice

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Total 100 questions
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