EXIN MoP MOPF Questions & Answers

• Question 11:

  Which describes the full scope of portfolio management?

  A. Deciding where to invest - 'doing the right things'

  B. Ensuring successful initiative delivery - doing things right'

  C. 'Doing the right things' and 'doing things right' at a collective level

  D. 'Doing the right things' and 'doing things right' at an individual initiative level

  Correct Answer: C

• Question 12:

  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

  Correct Answer: A

• Question 13:

  Which is one of the 5 portfolio management principles?

  A. Portfolio delivery

  B. Governance alignment

  C. Categorize

  D. Management by exception

  Correct Answer: B

• Question 14:

  Which is a main element of the risk management practice?

  A. Adoption of the champion-challenger' model

  B. Introduction of a summary investment appraisal template

  C. Preparation of a Portfolio Management Framework

  D. Implementation of an effective escalation path to the relevant portfolio governance body

  Correct Answer: D

• Question 15:

  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. 1, 2, 3

  B. 1, 2, 4

  C. 1, 3, 4

  D. 2, 3, 4

  Correct Answer: C

• Question 16:

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

  A. The organization's decision-making standards and processes

  B. The organization's use of sophisticated approaches

  C. The organization's operational targets

  D. The organization's experience in the use of relevant IT solutions

  Correct Answer: A

• Question 17:

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

  A. Use algorithms and investment rules to guide decision making

  B. Use financial investment criteria, such as NPV

  C. Clearly defining the scope of the portfolio and what constitutes a project

  D. Use categorization to assess alignment to strategic objectives

  Correct Answer: A

• Question 18:

  Which is one of the six key functions that portfolio management needs to coordinate with to achieve strategic objectives?

  A. Business Architecture Planning

  B. Centre of Excellence

  C. Performance management

  D. Information Technology

  Correct Answer: C

• Question 19:

  Which statement about 'decision conferencing' is FALSE?

  A. Senior management debate and agree the scores/ratings for each initiative

  B. The Board approve a prioritized listing developed by the Portfolio Office

  C. A facilitator can help to ensure that a consensus is reached

  D. It can result in greater commitment by senior management to the portfolio

  Correct Answer: B

• Question 20:

  If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?

  A. Assess whether corporate-level capacity planning is managed effectively

  B. Ensure that there is a common understanding of the portfolio governance framework

  C. Monitor the risk that the portfolio governance body is overwhelmed with data

  D. Ensure that sub-portfolios remain consistent with the organizational level portfolio

  Correct Answer: D