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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which is a role of portfolio management in relation to programme and project management?

A) To provide mechanisms for dependency management within projects
B) To provide mechanisms for risk management within programmes and projects
C) To provide mechanisms for delivering individual change initiatives into business as usual
D) To provide mechanisms for management of limited resources

2. What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

A) Portfolio Management Framework
B) Portfolio Strategy
C) Portfolio Delivery Plan
D) Portfolio Resource Schedule

3. Which is an objective of portfolio management?

A) To ensure a single set of investment criteria are applied to all change initiatives
B) To ensure the portfolio contains all business change within the organization
C) To actively manage the deployment of project and programme staff
D) To ensure the collection of change initiatives is sufficient to achieve the required strategic contribution

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

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

5. 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) 1,2,3
B) 1,2,4
C) 2,3,4
D) 1,3,4

Solutions:

Question # 1 Answer: C

Question # 2 Answer: C

Question # 3 Answer: A

Question # 4 Answer: A

Question # 5 Answer: A