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1. Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1.It helps to ensure that a consistent approach is applied across the portfolio 2.It prepares the Portfolio Strategy and Delivery Plan 3.It is a temporary structure set up to assist with the delivery of change 4.It provides assurance to senior management on effective delivery of change
A) 2,3,4
B) 1,3,4
C) 1,2,4
D) 1,2,3
2. How does the identification of value drivers help an organization to prioritize change initiatives?
A) By allowing a relative weighting to be applied to each driver identified
B) By focusing on the external factors which drive and shape strategy
C) By ensuring that all value drivers are specified as monetary values
D) By identifying the value of each of the benefits resulting from change
3. Which is a main element in the resource management practice?
A) Understanding the demand for constrained resources
B) Motivating people to commit to the delivery of shared goals
C) Scheduling portfolio initiatives to avoid adversely impacting operational performance
D) Emphasising the need to operate as one team
4. Which is an objective of portfolio management?
A) To ensure a single set of investment criteria are applied to all change initiatives
B) To ensure the portfolio contains all business change within the organization
C) To ensure the collection of change initiatives is sufficient to achieve the required strategic contribution
D) To actively manage the deployment of project and programme staff
5. Which statement about the prioritize practice is true?
A) Mandatory projects should not be included in the normal prioritization process
B) A segmented portfolio should use the same criteria to prioritize each segment
C) A mandatory requirement should be reviewed to ensure that the planned change is cost effective
D) Prioritization of initiatives should be based on an estimate of financial benefits that may be achieved
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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