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EXIN Management of Portfolio® Foundation Sample Questions:

1. Identify the missing words in the following sentence. A consequence of a well-functioning portfolio delivery cycle is a portfolio [?] by enabling resource re-allocation when required.

A) that has clarity on its high-level scope
B) where the portfolio governance body makes informed decisions on composition
C) that remains strategically aligned
D) that matches planned changes with its capacity to deliver

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

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

3. Which is NOT a 'key to success' of an energized change culture?

A) A learning organization in which lessons learned are captured, disseminated and acted upon
B) Role descriptions clearly link personal objectives with strategic objectives
C) A Portfolio Office that is appropriately skilled with an agreed mandate
D) Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours

4. How does portfolio management support effective corporate governance?

A) Portfolio management develops delivery capability across the organization
B) Portfolio management aligns performance and portfolio reporting in terms of timing and content
C) Portfolio management assesses whether the programmes and projects within the portfolio are necessary, sufficient, achievable and affordable
D) Portfolio management links delivery of the organization's strategic objectives with investment in change in a transparent way that enhances effective accountability

5. Which of the following are main elements of the risk management practice?
1.Implementing standards which apply to all change initiatives
2.Collaborative working to facilitate compliance with organizational standards
3.An effective escalation process
4.Champion-challenger model

A) 2, 3, 4
B) 1, 3, 4
C) 1, 2, 4
D) 1, 2, 3

Solutions: