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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which is a main element of the risk management practice?

A) Implementation of an effective escalation path to the relevant portfolio governance body
B) Introduction of a summary investment appraisal template
C) Preparation of a Portfolio Management Framework
D) Adoption of the champion-challenger' model

2. Which of the following is a consequence of the portfolio definition cycle being managed well?

A) Resources are re-allocated when required resulting in the portfolio remaining strategically aligned
B) Initiatives will be started without considering their fit with the current portfolio
C) The portfolio governance body makes informed decisions on the composition of the portfolio
D) Resources, risks and dependencies will be efficiently and effectively managed

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

A) Communications
B) Real estate and Property services
C) Budgeting and resource allocation
D) Resource management

4. Which are benefits of assessing the impact of portfolio management?
1.It can help demonstrate a compelling case for investment in portfolio management
2.It helps in the on-going development of more effective portfolio management practices
3.It enables more effective implementation of programmes and projects via management of the project development pipeline, dependencies, and constraints
4.The process of measurement can help ensure success - reflecting the management expression, what gets measured gets done'

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

5. Which is NOT an acceptable approach to budgeting in the context of portfolio management?

A) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
B) Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit
C) Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
D) Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives

Solutions: