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EXIN Management of Portfolio® Foundation Sample Questions:
1. 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
2. Which is a main element in the organizational governance practice?
A) Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
B) Clearly describing arrangements for benefits tracking and reporting
C) Regular review of risks across the portfolio
D) Applying staged release of funding linked to stage gates
3. Which are suggested techniques to align the portfolio with strategy where measures of strategic success have not been clearly defined?
1.Rate the strategic contribution of an initiative as critical, highly desirable or desirable
2.Split the available funding into relevant portfolio segments
3.Create a Portfolio Strategy
4.Senior managers debate strategic alignment and come to a collective decision on the portfolio
A) 1, 2, 4
B) 1, 2, 3
C) 1, 3, 4
D) 2, 3, 4
4. Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?
A) Resource management
B) Budgeting and resource allocation
C) Real estate and Property services
D) Communications
5. Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
A) The governance body where decisions about inclusion of initiatives in the portfolio are made
B) Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
C) The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
D) The role that is responsible for approving changes to the portfolio delivery practices
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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