Online Access Free 106 Practice Test

Which is an objective of portfolio management?

• A.To ensure the collection of change initiatives is sufficient to achieve the required strategic contribution
• B.To ensure a single set of investment criteria are applied to all change initiatives
• C.To ensure the portfolio contains all business change within the organization
• D.To actively manage the deployment of project and programme staff

What has as its purpose: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

• A.Portfolio management
• B.Portfolio definition cycle
• C.Portfolio delivery cycle
• D.Resource management

Which is a result of an effectively managed portfolio delivery cycle?

• A.Change initiatives are planned in detail
• B.Improved delivery on time and to budget
• C.There is clarity on the high level scope of potential change initiatives
• D.The portfolio governance body makes informed decisions on the composition of the portfolio

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

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

Which is an example of a performance metric that can be used to assess the impact of portfolio management?

• A.Percentage of milestones being achieved during a projects life cycle compared with the planned milestones
• B.Percentage of initiatives delivered on time and/or budget compared within initial forecasts
• C.Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level
• D.The successful delivery of linked projects and transformation activities to achieve an intended outcome