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QUESTION NO: 1
Which illustrates a 'key to success' for the balance practice?
A. Clearly defining the scope of the portfolio and what constitutes a project
B. Use algorithms and investment rules to guide decision making
C. Use financial investment criteria, such as NPV
D. Use categorization to assess alignment to strategic objectives
Answer: B
QUESTION NO: 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 Resource Schedule
B. Portfolio Management Framework
C. Portfolio Strategy
D. Portfolio Delivery Plan
Answer: D
QUESTION NO: 3
Which of the following is a main element of the management control practice?
A. Collaborative working between the Portfolio Office and the organizations communications experts
B. Guidance and templates for business case preparation
C. Tailored investment criteria
D. A consistent approach to benefits categorization
Answer: C
QUESTION NO: 4
Which is one of the five portfolio management principles?
A. Prioritize
B. Strategy alignment
C. Portfolio definition
D. Multi-criteria analysis
Answer: B
QUESTION NO: 5
How does the identification of value drivers help an organization to prioritize change initiatives?
A. By ensuring that all value drivers are specified as monetary values
B. By focusing on the external factors which drive and shape strategy
C. By identifying the value of each of the benefits resulting from change
D. By allowing a relative weighting to be applied to each driver identified
Answer: D
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Updated: May 24, 2022