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EXIN Management of Portfolio® Foundation Sample Questions:

1. What is an objective of performing a gap analysis during the understand practice?

A) To identify resource requirements for business as usual against those required to deliver strategic changes
B) To identify change initiatives required to close the gap between current and target performance
C) To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.
D) To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives

2. Which is NOT a 'key to success' of the financial management practice?

A) Alignment of the portfolio and financial reporting cycles
B) Regular reporting of progress against plan
C) Post-implementation reviews
D) Staged release of funding

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

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

4. Which is a 'key to success' of the senior management commitment principle?

A) At least half of the management board must champion the implementation of portfolio management
B) Senior managers' personal objectives are independent of the success of changes within the portfolio
C) Accountabilities for members of management boards will be defined by the Portfolio Office
D) The Portfolio Strategy includes a compelling vision for the portfolio

5. Which is a portfolio delivery practice?

A) Management by exception
B) Risk management
C) Energized change culture
D) Balance

Solutions: