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EXIN Management of Portfolio® Foundation Sample Questions:

1. 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 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 both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit

2. Which is a main element of the management control practice?

A) Decision conferencing
B) Strategy alignment
C) Stage or phase gates
D) Benefits eligibility rules

3. 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) Organize sessions for initiatives to agree potential dependencies
C) Modify a version of the prioritization practice to focus on dependencies
D) Highlight key dependencies on the portfolio schedule

4. Which is a role of portfolio management in relation to programme and project management?

A) To provide mechanisms for management of limited resources
B) To provide mechanisms for dependency management within projects
C) To provide mechanisms for delivering individual change initiatives into business as usual
D) To provide mechanisms for risk management within programmes and projects

5. 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) Implement a software solution to aid portfolio resource management
C) Create an annual plan including a delivery schedule and report progress against it
D) Adopt sophisticated approaches to prioritizing initiatives

Solutions: