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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following refers to the 'one version of the truth' technique?

A) Referring variances beyond control limit from plan to the portfolio governance body
B) Specifying points at which reviews of initiatives are linked to funding release
C) Reporting via a documented route and schedule
D) Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects

2. How does portfolio management support effective corporate governance?

A) Ensures that the organization's change initiatives represent the optimal allocation of limited resources
B) Controls the major changes to business as usual
C) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded
D) Provides a means by which the link between strategy and resource allocation can be maintained

3. Which is a main element in the resource management practice?

A) Understanding the demand for constrained resources
B) Motivating people to commit to the delivery of shared goals
C) Scheduling portfolio initiatives to avoid adversely impacting operational performance
D) Emphasising the need to operate as one team

4. Which describes the relationship between business as usual and portfolio management?

A) Change the business, change the portfolio
B) Change the business, run the portfolio
C) Run the business, change the business
D) Run the business, run the portfolio

5. Which is a benefit of assessing the impact of portfolio management?

A) The portfolio governance body comes to a collective decision on the composition of the portfolio
B) More informed decisions concerning the initiation and scheduling of initiatives
C) It can help demonstrate a compelling case for investment in portfolio management
D) More of the'right' programmes and projects being undertaken

Solutions: