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EXIN Management of Portfolio® Foundation Sample Questions:

1. 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) 1,2,3
D) 1,3,4

2. How does portfolio management support effective corporate governance?

A) Provides a means by which the link between strategy and resource allocation can be maintained
B) Ensures that the organization's change initiatives represent the optimal allocation of limited resources
C) Controls the major changes to business as usual
D) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded

3. Which illustrates a 'key to success' for the balance practice?

A) Use financial investment criteria, such as NPV
B) Clearly defining the scope of the portfolio and what constitutes a project
C) Use categorization to assess alignment to strategic objectives
D) Use algorithms and investment rules to guide decision making

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

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

5. Which is one of the three broad approaches to implementing portfolio management?

A) Definition
B) Balance
C) One version of the truth
D) Big bang

Solutions: