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| Section | Objectives |
|---|---|
| Topic 1: Organizational Context and Stakeholders | - Stakeholder engagement - Organizational maturity considerations - Roles and responsibilities in portfolio management |
| Topic 2: Portfolio Definition and Delivery | - Portfolio components and categorization - Portfolio lifecycle and management flow - Prioritization and balancing techniques |
| Topic 3: Strategic Portfolio Management Principles | - Alignment of strategy and investment decisions - Governance structures and decision-making models - Purpose of portfolio management |
| Topic 4: Portfolio Governance and Control | - Reporting and escalation mechanisms - Assurance and compliance - Portfolio governance frameworks |
| Topic 5: Risk, Benefits, and Performance Management | - Risk identification and portfolio-level risk management - Benefits realization management - Performance measurement and KPIs |
Question 1
Which is a portfolio delivery practice?
A. Management by exception
B. Balance
C. Energized change culture
D. Risk management
Question 2
Which describes the relationship between business as usual and portfolio management?
A. Change the business, run the portfolio
B. Run the business, run the portfolio
C. Run the business, change the business
D. Change the business, change the portfolio
Question 3
Which statement about 'decision conferencing' is FALSE?
A. A facilitator can help to ensure that a consensus is reached
B. It can result in greater commitment by senior management to the portfolio
C. The Board approve a prioritized listing developed by the Portfolio Office
D. Senior management debate and agree the scores/ratings for each initiative
Question 4
Which is a benefit of portfolio management?
A. Detailed approaches are prescribed that are applicable to most organizations
B. Enables more efficient resource utilization
C. Enables best management practices such as PRINCE2 and MSP to be mandated
D. Justifies the application of sophisticated software tools
Question 5
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
A. 1,2,4
B. 2,3,4
C. 1,3,4
D. 1,2,3
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: C | Question 4 Answer: B | Question 5 Answer: C |
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