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EXIN Management of Portfolio® Foundation Sample Questions:

1. How does portfolio management support effective corporate governance?

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

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

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

3. Which of the following are main elements of the risk management practice?
1.Implementing standards which apply to all change initiatives
2.Collaborative working to facilitate compliance with organizational standards
3.An effective escalation process
4.Champion-challenger model

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

4. What is the definition of portfolio management?

A) 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
B) An approach, or line to take, designed to achieve a long-term aim
C) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
D) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned

5. Which is a responsibility of the Portfolio Direction Group / Investment Committee?

A) Ensure the portfolio is properly balanced
B) Champion the implementation of portfolio management across the organization
C) Develop the organization's Portfolio Benefits Management Framework
D) Ensure business case data is prepared on a consistent basis across the organization

Solutions: