EXIN MoP EX0-005

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EXIN Management of Portfolio® Foundation Sample Questions:

1. How do portfolio and performance management coordinate to deliver strategic objectives?
1.Utilise the expertise of the performance management function in designing portfolio performance metrics
2.Deliver change initiatives that contribute to strategic objectives
3.Incorporate the anticipated impact of the portfolio in performance targets
4.Ensure the performance management function are engaged at an early point in the development of business cases

A) 1,2,4
B) 1,2,3
C) 1,3,4
D) 2,3,4

2. Which of the following refers to the 'one version of the truth' technique?

A) Reporting via a documented route and schedule
B) Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
C) Referring variances beyond control limit from plan to the portfolio governance body
D) Specifying points at which reviews of initiatives are linked to funding release

3. 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 standard
B) a gap analysis
C) a strategy
D) a baseline

4. Which is one of the first seven steps in a staged implementation of portfolio management?

A) Preparation of an organization-wide Implementation Plan encompassing all 12 practices
B) Adopt sophisticated approaches to prioritizing initiatives
C) Implement a software solution to aid portfolio resource management
D) Create an annual plan including a delivery schedule and report progress against it

5. Which is a main element in the organizational governance practice?

A) Applying staged release of funding linked to stage gates
B) Clearly describing arrangements for benefits tracking and reporting
C) Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
D) Regular review of risks across the portfolio

Solutions: