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EXIN Management of Portfolio® Foundation Sample Questions:
1. Which is one of the three broad approaches to implementing portfolio management?
A) Balance
B) One version of the truth
C) Big bang
D) Definition
2. Which describes the relationship between business as usual and portfolio management?
A) Change the business, run the portfolio
B) Change the business, change the portfolio
C) Run the business, change the business
D) Run the business, run the portfolio
3. Which is one of the six key functions that portfolio management needs to coordinate with to achieve strategic objectives?
A) Information Technology
B) Performance management
C) Business Architecture Planning
D) Centre of Excellence
4. What is the definition of portfolio management?
A) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
B) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
C) An approach, or line to take, designed to achieve a long-term aim
D) Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business
5. 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
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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