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EXIN Management of Portfolio® Foundation Sample Questions:

1. Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.

A) do not need to be summarised in a portfolio dashboard report
B) are a non-critical part of the project plan
C) are a relatively simple matter
D) are not always immediately obvious

2. Which statement about 'decision conferencing' is FALSE?

A) Senior management debate and agree the scores/ratings for each initiative
B) It can result in greater commitment by senior management to the portfolio
C) The Board approve a prioritized listing developed by the Portfolio Office
D) A facilitator can help to ensure that a consensus is reached

3. What is an objective of performing a gap analysis during the understand practice?

A) To identify change initiatives required to close the gap between current and target performance
B) To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
C) To identify resource requirements for business as usual against those required to deliver strategic changes
D) To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.

4. 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 an individual initiative level
D) 'Doing the right things' and 'doing things right' at a collective level

5. What is the definition of portfolio management?

A) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
B) Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business
C) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
D) An approach, or line to take, designed to achieve a long-term aim

Solutions: