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EXIN Management of Portfolio® Foundation Sample Questions:

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

A) 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
B) 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
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 BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units


2. Which is a main element in the resource management practice?

A) Scheduling portfolio initiatives to avoid adversely impacting operational performance
B) Motivating people to commit to the delivery of shared goals
C) Understanding the demand for constrained resources
D) Emphasising the need to operate as one team


3. The purpose of the [ ? ] is to collate key information that will provide clarity to senior management on the collection of change initiatives that will deliver the greatest contribution to the strategic objectives?

A) strategy alignment principle
B) portfolio definition cycle
C) portfolio delivery cycle
D) benefits management practice


4. Which documents are key outputs of the portfolio definition cycle?

A) Portfolio Management Framework and Portfolio Delivery Plan
B) Portfolio Strategy and Portfolio Delivery Plan
C) Portfolio Strategy and Portfolio Resource Schedule
D) Portfolio Benefits Management Framework and Portfolio Benefits Realization Plan


5. What is the definition of portfolio management?

A) An approach, or line to take, designed to achieve a long-term aim
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) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: B

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