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MOPF Management of Portfolio Foundation Questions and Answers

Questions 4

Which is a main element in the resource management practice?

Options:

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

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Questions 5

Which is an example of a performance metric that can be used to assess the impact of portfolio management?

Options:

A.

Percentage of milestones being achieved during a projects life cycle compared with the planned milestones

B.

The successful delivery of linked projects and transformation activities to achieve an intended outcome

C.

Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level

D.

Percentage of initiatives delivered on time and/or budget compared within initial forecasts

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Questions 6

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

Options:

A.

Real estate and Property services

B.

Budgeting and resource allocation

C.

Resource management

D.

Communications

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Questions 7

Which portfolio definition practice checks prioritized change initiatives against factors such as: timing; coverage of all strategic objectives; impact across the business etc?

Options:

A.

Prioritize

B.

Plan

C.

Categorize

D.

Balance

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Questions 8

Which is one of the three broad approaches to implementing portfolio management?

Options:

A.

Definition

B.

Balance

C.

One version of the truth

D.

Big bang

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Questions 9

How does portfolio management support effective corporate governance?

Options:

A.

Controls the major changes to business as usual

B.

Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded

C.

Ensures that the organization's change initiatives represent the optimal allocation of limited resources

D.

Provides a means by which the link between strategy and resource allocation can be maintained

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Questions 10

Which of the following is NOT a main element of the benefits management practice?

Options:

A.

Clear arrangements for benefits tracking

B.

A portfolio-level Benefits Realization Plan

C.

Inclusion of re-appraisal of benefits in portfolio-level reviews

D.

Demonstrable senior management commitment

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Questions 11

What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

Options:

A.

Portfolio Management Framework

B.

Portfolio Strategy

C.

Portfolio Delivery Plan

D.

Portfolio Resource Schedule

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Questions 12

Which statement about multi-level portfolios is true?

Options:

A.

There should be clearly defined rules for delegation

B.

Investment decisions are only reviewed at corporate level

C.

Management of sub-portfolios is independent of the portfolio governance body

D.

All current and planned change initiatives must be included in one of the sub-portfolios

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Questions 13

What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

Options:

A.

Portfolio definition cycle

B.

Understand practice

C.

Portfolio delivery cycle

D.

Strategy alignment principle

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Questions 14

Which is a main element in the stakeholder engagement practice?

Options:

A.

Checking the ranked list of strategic changes for impact across the business

B.

Matching demand and supply of constrained resources

C.

Applying the champion-challenger' model

D.

Ensuring that key stakeholders have a clear and shared understanding of the governance process

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Questions 15

Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.

Options:

A.

practices

B.

principles

C.

cycles

D.

techniques

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Exam Code: MOPF
Exam Name: Management of Portfolio Foundation
Last Update: Nov 27, 2023
Questions: 100
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