EXIN Management of Portfolio® Foundation - MOPF FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

How does portfolio management enable the most effective balance of organizational change and business as usual?
1.ensure change initiatives are agreed at the appropriate management level
2.prioritize change initiatives in line with strategic objectives
3.review change initiatives regularly in terms of progress, cost, risk, benefits and strategic contribution
4.cancel change initiatives if other initiatives appear with a better predicted return

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

Discussion 0

Correct Answer: A Vote an answer

Question 2

Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?

A. By explaining which programme will deliver the change and how it is being monitored B. By explaining which projects will deliver the change and how they are being monitored C. By explaining when the impacts of change initiatives will be observed and how they will be measured D. By explaining who is responsible for realizing benefits and how their performance will be assessed

Discussion 0

Correct Answer: A Vote an answer

Question 3

Which describes the full scope of portfolio management?

A. Ensuring successful initiative delivery - doing things right' B. 'Doing the right things' and 'doing things right' at a collective level C. Deciding where to invest - 'doing the right things' D. 'Doing the right things' and 'doing things right' at an individual initiative level

Discussion 0

Correct Answer: B Vote an answer

Question 4

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

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

Discussion 0

Correct Answer: B Vote an answer

Question 5

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

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

Discussion 0

Correct Answer: C Vote an answer

Question 6

Which is one of the first seven steps in a staged implementation of portfolio management?

A. Create an annual plan including a delivery schedule and report progress against it B. Preparation of an organization-wide Implementation Plan encompassing all 12 practices C. Adopt sophisticated approaches to prioritizing initiatives D. Implement a software solution to aid portfolio resource management

Discussion 0

Correct Answer: A Vote an answer

Question 7

Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?

A. Balance B. Categorize C. Plan D. Prioritize

Discussion 0

Correct Answer: C Vote an answer

Question 8

Which is a way of sustaining progress in the implementation of portfolio management?

A. Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses B. Adopt a big bang approach rather than an incremental or staged approach C. Align reward and recognition processes for senior management to appropriate behaviours D. Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes

Discussion 0

Correct Answer: C Vote an answer

Question 9

Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.

A. cycles B. principles C. techniques D. practices

Discussion 0

Correct Answer: B Vote an answer

Question 10

What term describes portfolio delivery in the context of MoP?

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

Discussion 0

Correct Answer: C Vote an answer