EX0-005 by EXIN Valid Free Exam Practice Test

Question 1

If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?

A. Ensure that sub-portfolios remain consistent with the organizational level portfolio B. Monitor the risk that the portfolio governance body is overwhelmed with data C. Assess whether corporate-level capacity planning is managed effectively D. Ensure that there is a common understanding of the portfolio governance framework

Correct Answer: A

Question 2

Which is the purpose of the understand practice?

A. To ensure a portfolio is balanced, taking into account coverage of all strategic objectives and impact across the business B. To obtain a clear understanding of what is in the current portfolio and development pipeline, including forecast costs, benefits and risks C. To answer the question as to which initiatives the organization should invest in D. To monitor progress against the Portfolio Delivery Plan

Correct Answer: B

Question 3

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

Correct Answer: B

Question 4

Which of the following is a main element of the financial management practice?

A. Sub-portfolios are periodically reviewed B. Categorization of benefits as cashable and non-cashable C. Application of staged release funding linked to stage/phase gates D. Consideration of financial liabilities arising from performance and guarantee bonds

Correct Answer: B

Question 5

What does portfolio management provide strategic planning with?

A. Setting of strategic objectives and confirmation of any changes B. Momentum and energy for strategy development based on effective delivery of change C. Setting the context within which strategic planning operates D. Analysis of the environment within which strategy is developed

Correct Answer: B

Question 6

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

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

Correct Answer: C

Question 7

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. 1,2,4 B. 1,3,4 C. 1,2,3 D. 2,3,4

Correct Answer: A

Question 8

What term describes portfolio delivery in the context of MoP?

A. cycle B. principle C. practice D. technique

Correct Answer: D

Question 9

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

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

Correct Answer: A

Question 10

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

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

Correct Answer: C

EXIN Management of Portfolio® Foundation - EX0-005 Exam Practice Test