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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?

A) By explaining which projects will deliver the change and how they are being monitored
B) By explaining who is responsible for realizing benefits and how their performance will be assessed
C) By explaining when the impacts of change initiatives will be observed and how they will be measured
D) By explaining which programme will deliver the change and how it is being monitored

2. Which of the following refers to use of the 'management by exception' technique?

A) Specifying points at which reviews of initiatives are linked to funding release
B) Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
C) Reporting via the documented route and schedule
D) Referring variances from plan that exceed control limits to the portfolio governance body

3. What affects how the MoP principles and practices are adapted by an organization?

A) The organization's operational targets
B) The organization's decision-making standards and processes
C) The organization's use of sophisticated approaches
D) The organization's experience in the use of relevant IT solutions

4. Which illustrates a 'key to success' for the balance practice?

A) Use categorization to assess alignment to strategic objectives
B) Use financial investment criteria, such as NPV
C) Use algorithms and investment rules to guide decision making
D) Clearly defining the scope of the portfolio and what constitutes a project

5. Which is a benefit of portfolio management?

A) Enables more efficient resource utilization
B) Justifies the application of sophisticated software tools
C) Enables best management practices such as PRINCE2 and MSP to be mandated
D) Detailed approaches are prescribed that are applicable to most organizations

Solutions: