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QUESTION NO: 1
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
A. Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level
B. Percentage of initiatives delivered on time and/or budget compared within initial forecasts
C. The successful delivery of linked projects and transformation activities to achieve an intended outcome
D. Percentage of milestones being achieved during a projects life cycle compared with the planned milestones
Answer: B
QUESTION NO: 2
How do portfolio and performance management coordinate to deliver strategic objectives?
1. Utilise the expertise of the performance management function in designing portfolio performance metrics
2. Deliver change initiatives that contribute to strategic objectives
3. Incorporate the anticipated impact of the portfolio in performance targets
QUESTION NO: 3
Ensure the performance management function are engaged at an early point in the development of business cases
A. 1, 3, 4
B. 2, 3, 4
C. 1, 2, 3
D. 1, 2, 4
Answer: A
4. Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?
A. Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy
B. Ensuring the Portfolio Manager champions the implementation of Portfolio Management
C. Prioritizing the portfolio on the basis of resource availability
D. Endorsing the decisions the Portfolio Office make about the composition of the portfolio
Answer: A
QUESTION NO: 4
Which is a 'key to success' for the plan practice?
A. The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio
Strategy
B. The content of the Portfolio Strategy is best communicated by means of tables and graphs
C. The resulting documentation provides a clear line of sight'
D. The Portfolio Strategy provides the baseline information against which progress can be monitored
Answer: C
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