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Management of Portfolio Foundation Questions and Answers

Question 1

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

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Question 2

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 3

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