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EXIN Management of Portfolio® Foundation Sample Questions:
1. 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 BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
C) 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
D) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
2. The purpose of the [ ? ] is to collate key information that will provide clarity to senior management on the collection of change initiatives that will deliver the greatest contribution to the strategic objectives?
A) benefits management practice
B) portfolio definition cycle
C) strategy alignment principle
D) portfolio delivery cycle
3. Which portfolio management document contains key dependencies?
A) Portfolio Delivery Plan
B) Portfolio Stakeholder Engagement and Communications Plan
C) Portfolio Resource Schedule
D) Portfolio Benefits Management Framework
4. Which is a main element of the benefits management practice?
A) Present findings creatively
B) A shared vision of what the portfolio is designed to achieve
C) Defined processes recorded in the Portfolio Management Framework
D) Feeding lessons learned from post-implementation reviews back into forecasting
5. In which circumstance would the'evolutionary' approach to implementation of portfolio management be MOST appropriate?
A) In a less stable marketplace where strategy is formulated top-down
B) In a stable marketplace where strategy is formulated top-down
C) In a less stable marketplace where strategy is emergent
D) In a stable marketplace and where strategy is emergent
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |
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