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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which is a main element of the management control practice?

A) Strategy alignment
B) Benefits eligibility rules
C) Stage or phase gates
D) Decision conferencing

2. How does portfolio management enable the most effective balance of organizational change and business as usual?
1.ensure change initiatives are agreed at the appropriate management level
2.prioritize change initiatives in line with strategic objectives
3.review change initiatives regularly in terms of progress, cost, risk, benefits and strategic contribution
4.cancel change initiatives if other initiatives appear with a better predicted return

A) 1, 3, 4
B) 1, 2, 4
C) 2, 3, 4
D) 1, 2, 3

3. How does portfolio management support effective corporate governance?

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

4. Which is a 'key to success' of the senior management commitment principle?

A) At least half of the management board must champion the implementation of portfolio management
B) Accountabilities for members of management boards will be defined by the Portfolio Office
C) The Portfolio Strategy includes a compelling vision for the portfolio
D) Senior managers' personal objectives are independent of the success of changes within the portfolio

5. Which is one of the keys to success of the portfolio management principle: strategy alignment?

A) Stakeholders understand how portfolio decisions are made
B) Lessons learned are disseminated and acted upon
C) The portfolio is reviewed regularly
D) Roles, responsibilities and accountabilities are clearly defined

Solutions: