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EXIN Management of Portfolio® Foundation Sample Questions:

1. What is the definition of portfolio management?

A) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
B) An approach, or line to take, designed to achieve a long-term aim
C) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
D) Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business

2. What does portfolio management provide strategic planning with?

A) Setting the context within which strategic planning operates
B) Setting of strategic objectives and confirmation of any changes
C) Momentum and energy for strategy development based on effective delivery of change
D) Analysis of the environment within which strategy is developed

3. What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

A) Portfolio delivery cycle
B) Understand practice
C) Strategy alignment principle
D) Portfolio definition cycle

4. Which is a result of an effectively managed portfolio delivery cycle?

A) Improved delivery on time and to budget
B) Change initiatives are planned in detail
C) The portfolio governance body makes informed decisions on the composition of the portfolio
D) There is clarity on the high level scope of potential change initiatives

5. Which statement about 'decision conferencing' is FALSE?

A) A facilitator can help to ensure that a consensus is reached
B) Senior management debate and agree the scores/ratings for each initiative
C) The Board approve a prioritized listing developed by the Portfolio Office
D) It can result in greater commitment by senior management to the portfolio

Solutions:

Question # 1 Answer: C

Question # 2 Answer: C

Question # 3 Answer: A

Question # 4 Answer: A

Question # 5 Answer: C