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106 Dumps PDF - 106 Real Exam Questions Answers
NEW QUESTION 56
Which is a 'key to success' of the senior management commitment principle?
- A. Accountabilities for members of management boards will be defined by the Portfolio Office
- B. Senior managers' personal objectives are independent of the success of changes within the portfolio
- C. At least half of the management board must champion the implementation of portfolio management
- D. The Portfolio Strategy includes a compelling vision for the portfolio
Answer: A
NEW QUESTION 57
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. Referring variances beyond control limit from plan to the portfolio governance body
- D. Specifying points at which reviews of initiatives are linked to funding release
Answer: A
NEW QUESTION 58
What is an objective of performing a gap analysis during the understand practice?
- A. To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
- B. To identify change initiatives required to close the gap between current and target performance
- 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.
Answer: A
NEW QUESTION 59
Which statement about multi-level portfolios is true?
- A. Management of sub-portfolios is independent of the portfolio governance body
- B. All current and planned change initiatives must be included in one of the sub-portfolios
- C. Investment decisions are only reviewed at corporate level
- D. There should be clearly defined rules for delegation
Answer: B
NEW QUESTION 60
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. where the portfolio governance body makes informed decisions on composition
- B. that matches planned changes with its capacity to deliver
- C. that remains strategically aligned
- D. that has clarity on its high-level scope
Answer: B
NEW QUESTION 61
Which is a main element in the stakeholder engagement practice?
- A. Matching demand and supply of constrained resources
- B. Applying the champion-challenger' model
- C. Ensuring that key stakeholders have a clear and shared understanding of the governance process
- D. Checking the ranked list of strategic changes for impact across the business
Answer: B
NEW QUESTION 62
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. Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours
- C. A Portfolio Office that is appropriately skilled with an agreed mandate
- D. Role descriptions clearly link personal objectives with strategic objectives
Answer: C
NEW QUESTION 63
What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?
- A. Portfolio Management Framework
- B. Portfolio Resource Schedule
- C. Portfolio Delivery Plan
- D. Portfolio Strategy
Answer: C
NEW QUESTION 64
Gathering key information to provide clarity to senior management on the collection of change initiatives is the purpose of:
- A. Risk management
- B. Stakeholder engagement
- C. Management control
- D. Portfolio Definition Cycle
Answer: D
NEW QUESTION 65
Which is a 'key to success' for the plan practice?
- A. The content of the Portfolio Strategy is best communicated by means of tables and graphs
- B. The resulting documentation provides a clear line of sight'
- C. The Portfolio Strategy provides the baseline information against which progress can be monitored
- D. The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio Strategy
Answer: B
NEW QUESTION 66
Which of the following is a main element of the financial management practice?
- A. Sub-portfolios are periodically reviewed
- B. Consideration of financial liabilities arising from performance and guarantee bonds
- C. Categorization of benefits as cashable and non-cashable
- D. Application of staged release funding linked to stage/phase gates
Answer: C
NEW QUESTION 67
Which of the following are 'keys to success' of the organizational governance practice?
1. A shared vision for the portfolio
2. Focus on senior management
3. Business cases and progress are reviewed regularly
4. Shared understanding of the governance structure and processes
- A. 1, 2, 4
- B. 1, 3, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: B
NEW QUESTION 68
What is the definition of portfolio management?
- A. An approach, or line to take, designed to achieve a long-term aim
- B. Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
- 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. 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
Answer: C
NEW QUESTION 69
Which portfolio definition practice checks prioritized change initiatives against factors such as:
timing; coverage of all strategic objectives; impact across the business etc?
- A. Balance
- B. Prioritize
- C. Plan
- D. Categorize
Answer: C
NEW QUESTION 70
Which role approves portfolio management practices, including the framework and definition cycle processes?
- A. Portfolio Direction Group (PDG)
- B. Portfolio Progress Group (PPG)
- C. Chief Executive Officer
- D. Project and Programme Managers
Answer: A
NEW QUESTION 71
Promoting an energized culture that is focused on collaborative working in the interests of the organization as a whole is a responsibility of which portfolio role?
- A. Portfolio Manager
- B. Portfolio Progress Group/Change Delivery Committee
- C. Portfolio Benefits Manager
- D. Business Change Director/Portfolio Director
Answer: B
NEW QUESTION 72
Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?
- A. Balance
- B. Prioritize
- C. Plan
- D. Categorize
Answer: C
NEW QUESTION 73
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