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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following is a main element of the financial management practice?

A) Sub-portfolios are periodically reviewed
B) Application of staged release funding linked to stage/phase gates
C) Consideration of financial liabilities arising from performance and guarantee bonds
D) Categorization of benefits as cashable and non-cashable

2. Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1.It helps to ensure that a consistent approach is applied across the portfolio
2.It prepares the Portfolio Strategy and Delivery Plan
3.It is a temporary structure set up to assist with the delivery of change
4.It provides assurance to senior management on effective delivery of change

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

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

A) Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes
B) Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses
C) Align reward and recognition processes for senior management to appropriate behaviours
D) Adopt a big bang approach rather than an incremental or staged approach

4. If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?

A) Ensure that sub-portfolios remain consistent with the organizational level portfolio
B) Assess whether corporate-level capacity planning is managed effectively
C) Ensure that there is a common understanding of the portfolio governance framework
D) Monitor the risk that the portfolio governance body is overwhelmed with data

5. 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 ensuring that all value drivers are specified as monetary values
C) By identifying the value of each of the benefits resulting from change
D) By allowing a relative weighting to be applied to each driver identified

Solutions: