Online Access Free PC0-005 Practice Test

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

• A.Use the most sophisticated software solution available
• B.Align reward and recognition processes to departmental or functional performance
• C.Adopt an incremental rather than a big bang approach
• D.Introduce completely new processes rather than build on existing organizational processes

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

• A.Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
• B.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
• C.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
• D.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

What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

• A.Portfolio Strategy
• B.Portfolio Management Framework
• C.Portfolio Delivery Plan
• D.Portfolio Resource Schedule

Identify the missing words in the following sentence. A purpose of the Portfolio Benefits Realization Plan is to provide [?] against which to assess the benefits actually realized.

• A.a strategy
• B.a gap analysis
• C.a standard
• D.a baseline

Which is NOT a 'key to success' of the balance practice?

• A.Algorithms and investment rules may guide decision-making
• B.The portfolio governance body should understand its role in balancing the portfolio
• C.Balancing follows preparation of the Portfolio Strategy and Delivery Plan
• D.Findings may be presented in a graphical format