Online Access Free MOPF Practice Test

What does portfolio management provide strategic planning with?

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

Which of the following refers to use of the 'management by exception' technique?

• A.Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
• B.Reporting via the documented route and schedule
• C.Referring variances from plan that exceed control limits to the portfolio governance body
• D.Specifying points at which reviews of initiatives are linked to funding release

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

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

Which of the following are 'keys to success' of the organizational governance practice?
1.A shared vision for the portfolio
2.Focus on senior management
3.Business cases and progress are reviewed regularly
4.Shared understanding of the governance structure and processes

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

Which is NOT a 'key to success' of an energized change culture?

• A.Role descriptions clearly link personal objectives with strategic objectives
• B.A Portfolio Office that is appropriately skilled with an agreed mandate
• C.Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours
• D.A learning organization in which lessons learned are captured, disseminated and acted upon