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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following refers to the 'one version of the truth' technique?

A) Specifying points at which reviews of initiatives are linked to funding release
B) Referring variances beyond control limit from plan to the portfolio governance body
C) Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
D) Reporting via a documented route and schedule

2. Which portfolio definition practice checks prioritized change initiatives against factors such as: timing; coverage of all strategic objectives; impact across the business etc?

A) Categorize
B) Prioritize
C) Plan
D) Balance

3. 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

4. Which is a portfolio delivery practice?

A) Balance
B) Energized change culture
C) Management by exception
D) Risk management

5. Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

A) Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements
B) Portfolio management runs the business; BAU changes the business
C) Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management
D) Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented

Solutions: