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1. Which is an objective of portfolio management?
A) To ensure the portfolio contains all business change within the organization
B) To ensure a single set of investment criteria are applied to all change initiatives
C) To ensure the collection of change initiatives is sufficient to achieve the required strategic contribution
D) To actively manage the deployment of project and programme staff
2. How does portfolio management support effective corporate governance?
A) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded
B) Ensures that the organization's change initiatives represent the optimal allocation of limited resources
C) Provides a means by which the link between strategy and resource allocation can be maintained
D) Controls the major changes to business as usual
3. Which is one of the three broad approaches to implementing portfolio management?
A) One version of the truth
B) Big bang
C) Definition
D) Balance
4. Which is a main element of the risk management practice?
A) Preparation of a Portfolio Management Framework
B) Adoption of the champion-challenger' model
C) Implementation of an effective escalation path to the relevant portfolio governance body
D) Introduction of a summary investment appraisal template
5. Which is a main element in the organizational governance practice?
A) Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
B) Regular review of risks across the portfolio
C) Applying staged release of funding linked to stage gates
D) Clearly describing arrangements for benefits tracking and reporting
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |
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