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EXIN Management of Portfolio® Foundation Sample Questions:

1. 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) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
C) 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
D) An approach, or line to take, designed to achieve a long-term aim

2. Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

A) Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management
B) Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented
C) Portfolio management runs the business; BAU changes the business
D) Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements

3. Which describes a'key to success' of the resource management practice?

A) Introduction of standard forms for estimating the programme and project staff required on initiatives
B) Releasing funding for change initiatives as they complete each stage gate
C) Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness
D) The management board agree the high-level objectives for the portfolio

4. What role is responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization?

A) Portfolio Benefits Manager
B) Portfolio Direction Group
C) Portfolio Manager
D) Portfolio Progress Group

5. Which portfolio delivery practice ensures clarity about what decisions are made, where, when, and what criteria are used?

A) Organizational governance
B) Resource management
C) Management control
D) Benefits management

Solutions: