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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following is a consequence of the portfolio definition cycle being managed well?

A) Resources, risks and dependencies will be efficiently and effectively managed
B) Initiatives will be started without considering their fit with the current portfolio
C) The portfolio governance body makes informed decisions on the composition of the portfolio
D) Resources are re-allocated when required resulting in the portfolio remaining strategically aligned

2. Which is NOT an acceptable approach to budgeting in the context of portfolio management?

A) Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives
B) Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit
C) Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
D) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units

3. How do portfolio and performance management coordinate to deliver strategic objectives?
1.Utilise the expertise of the performance management function in designing portfolio performance metrics
2.Deliver change initiatives that contribute to strategic objectives
3.Incorporate the anticipated impact of the portfolio in performance targets
4.Ensure the performance management function are engaged at an early point in the development of business cases

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

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

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

5. 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) 2, 3, 4
B) 1, 2, 3
C) 1, 3, 4
D) 1, 2, 4

Solutions: