Exin Management of Portfolio Foundation (EX0-005)

1.

Identify the missing words in the following sentence. A consequence of a well-functioning portfolio delivery cycle is a portfolio [?] by enabling resource re-allocation when required.

that remains strategically aligned that has clarity on its high-level scope where the portfolio governance body makes informed decisions on composition that matches planned changes with its capacity to deliver

2.

Which portfolio definition practice checks prioritized change initiatives against factors such as: timing; coverage of all strategic objectives; impact across the business etc?

Prioritize Plan Categorize Balance

3.

Which is a role of portfolio management in relation to programme and project management?

To provide mechanisms for management of limited resources To provide mechanisms for risk management within programmes and projects To provide mechanisms for delivering individual change initiatives into business as usual To provide mechanisms for dependency management within projects

4.

Which affects how the MoP principles and practices are adapted by an organization?

The organization's experience in the use of relevant IT solutions The organization's use of sophisticated approaches The organization's maturity in project and programme management The organization's track record in terms of customer satisfaction

5.

Which is NOT a key requirement of a fully effective Portfolio Office?

Reporting into the Business Change or Portfolio Director Possessing sufficient skill to produce timely and reliable analyses Being involved fully with programme and project management delivery Having sufficient status to be effective across the organization

6.

Which statement about the prioritize practice is true?

A segmented portfolio should use the same criteria to prioritize each segment Mandatory projects should not be included in the normal prioritization process Prioritization of initiatives should be based on an estimate of financial benefits that may be achieved A mandatory requirement should be reviewed to ensure that the planned change is cost effective

7.

How does portfolio management support effective corporate governance?

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

8.

Which of the following is a main element of the financial management practice?

Application of staged release funding linked to stage/phase gates Categorization of benefits as cashable and non-cashable Consideration of financial liabilities arising from performance and guarantee bonds Sub-portfolios are periodically reviewed

9.

Which is a portfolio delivery practice?

Categorize Financial management Staged release of funding Governance alignment

10.

Which is a purpose of the categorize practice?

To obtain a clear and transparent view of what is in the development pipeline To enable effective decision-making on the optimum use of funding and other resources To ensure that every change initiative falls into a category that directly contributes to strategic objectives To ensure that every category contains at least one change initiative

Exin Management of Portfolio Foundation (EX0-005)

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Exin Management of Portfolio Foundation (EX0-005)

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