Unique Top-selling 106 Exams - New 2021 Peoplecert Pratice Exam
Peoplecert MoP Dumps 106 Exam for Full Questions - Exam Study Guide
NEW QUESTION 27
In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?
- A. In a less stable marketplace where strategy is formulated top-down
- B. In a less stable marketplace where strategy is emergent
- C. In a stable marketplace where strategy is formulated top-down
- D. In a stable marketplace and where strategy is emergent
Answer: B
NEW QUESTION 28
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
- A. The successful delivery of linked projects and transformation activities to achieve an intended outcome
- B. Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level
- C. Percentage of initiatives delivered on time and/or budget compared within initial forecasts
- D. Percentage of milestones being achieved during a projects life cycle compared with the planned milestones
Answer: C
NEW QUESTION 29
Which statement about multi-level portfolios is true?
- A. All current and planned change initiatives must be included in one of the sub-portfolios
- B. There should be clearly defined rules for delegation
- C. Management of sub-portfolios is independent of the portfolio governance body
- D. Investment decisions are only reviewed at corporate level
Answer: A
NEW QUESTION 30
Which is one of the keys to success of the portfolio management principle: strategy alignment?
- A. The portfolio is reviewed regularly
- B. Lessons learned are disseminated and acted upon
- C. Stakeholders understand how portfolio decisions are made
- D. Roles, responsibilities and accountabilities are clearly defined
Answer: A
NEW QUESTION 31
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
- A. Speed at which requests for change are assessed and responded to by individual projects and programmes
- B. Speed at which service is provided to customers from the point of first contact
- C. Speed at which customer complaints are dealt with from point of receipt through to resolution
- D. Speed at which initiatives, aimed at improving customer service, progress through the development pipeline
Answer: C
NEW QUESTION 32
Which is a way of sustaining progress in the implementation of portfolio management?
- A. Adopt a big bang approach rather than an incremental or staged approach
- B. Align reward and recognition processes for senior management to appropriate behaviours
- C. Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses
- D. Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes
Answer: B
NEW QUESTION 33
Which of the following is a benefit of a well-managed portfolio definition cycle?
- A. Motivating people to deliver shared goals
- B. Allocating a priority to each change initiative through single-criteria analysis or multi-criteria analysis
- C. Creating a standard template for businesses cases for all change initiatives within the portfolio
- D. Improved delivery times and improved budgetary performance of projects within the portfolio
Answer: D
NEW QUESTION 34
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. The role that is responsible for approving changes to the portfolio delivery practices
- C. The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
- D. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
Answer: B
NEW QUESTION 35
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. 2, 3, 4
- B. 1, 2, 4
- C. 1, 2, 3
- D. 1, 3, 4
Answer: D
NEW QUESTION 36
Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.
- A. principles
- B. practices
- C. cycles
- D. techniques
Answer: A
NEW QUESTION 37
Which statement about 'decision conferencing' is FALSE?
- A. The Board approve a prioritized listing developed by the Portfolio Office
- B. Senior management debate and agree the scores/ratings for each initiative
- C. A facilitator can help to ensure that a consensus is reached
- D. It can result in greater commitment by senior management to the portfolio
Answer: A
NEW QUESTION 38
Which is a main element of the risk management practice?
- A. Preparation of a Portfolio Management Framework
- B. Adoption of the champion-challenger' model
- C. Implementation of an effective escalation path to the relevant portfolio governance body
- D. Introduction of a summary investment appraisal template
Answer: C
NEW QUESTION 39
Which is a benefit of assessing the impact of portfolio management?
- A. More informed decisions concerning the initiation and scheduling of initiatives
- B. It can help demonstrate a compelling case for investment in portfolio management
- C. The portfolio governance body comes to a collective decision on the composition of the portfolio
- D. More of the 'right' programmes and projects being undertaken
Answer: B
NEW QUESTION 40
Which is NOT a key requirement of a fully effective Portfolio Office?
- A. Reporting into the Business Change or Portfolio Director
- B. Being involved fully with programme and project management delivery
- C. Having sufficient status to be effective across the organization
- D. Possessing sufficient skill to produce timely and reliable analyses
Answer: B
NEW QUESTION 41
Which is NOT a 'key to success' of the financial management practice?
- A. Staged release of funding
- B. Alignment of the portfolio and financial reporting cycles
- C. Regular reporting of progress against plan
- D. Post-implementation reviews
Answer: D
NEW QUESTION 42
What affects how the MoP principles and practices are adapted by an organization?
- A. The organization's use of sophisticated approaches
- B. The organization's operational targets
- C. The organization's experience in the use of relevant IT solutions
- D. The organization's decision-making standards and processes
Answer: D
NEW QUESTION 43
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. Regular review of risks across the portfolio
- C. Clearly describing arrangements for benefits tracking and reporting
- D. Applying staged release of funding linked to stage gates
Answer: A
NEW QUESTION 44
Which is a solution to the dependency management challenge 'how to present complex information in an easily understandable form'?
- A. Organize a workshop to identify key dependencies
- B. Highlight key dependencies on the portfolio schedule
- C. Modify a version of the prioritization practice to focus on dependencies
- D. Organize sessions for initiatives to agree potential dependencies
Answer: B
NEW QUESTION 45
Which portfolio management document contains key dependencies?
- A. Portfolio Resource Schedule
- B. Portfolio Benefits Management Framework
- C. Portfolio Stakeholder Engagement and Communications Plan
- D. Portfolio Delivery Plan
Answer: D
NEW QUESTION 46
Which of the following refers to the 'one version of the truth' technique?
- A. Referring variances beyond control limit from plan to the portfolio governance body
- B. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
- C. Specifying points at which reviews of initiatives are linked to funding release
- D. Reporting via a documented route and schedule
Answer: D
NEW QUESTION 47
Which statement describes 'comfortable energy'?
- A. Staff are happy with the way things are
- B. Staff do only the minimum that is required
- C. Staff are keen on problem solving and identifying new initiatives
- D. Staff actively hinder change and innovation
Answer: C
NEW QUESTION 48
How does the identification of value drivers help an organization to prioritize change initiatives?
- A. By focusing on the external factors which drive and shape strategy
- B. By identifying the value of each of the benefits resulting from change
- C. By allowing a relative weighting to be applied to each driver identified
- D. By ensuring that all value drivers are specified as monetary values
Answer: C
NEW QUESTION 49
Fill in the missing word(s): _____ management is an approach to manage several related projects, intending to improve the performance of the entire programme.
- A. Portfolio
- B. Business Strategy
- C. Programme
- D. Business as Usual (BAU)
Answer: C
NEW QUESTION 50
Which is one of the 5 portfolio management principles?
- A. Governance alignment
- B. Categorize
- C. Management by exception
- D. Portfolio delivery
Answer: A
NEW QUESTION 51
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