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NO.1 Which describes the relationship between business as usual and portfolio management?
A. Change the business, run the portfolio
B. Run the business, change the business
C. Change the business, change the portfolio
D. Run the business, run the portfolio
Answer: B
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NO.2 Which is an example of a performance metric that can be used to assess the impact of
portfolio management?
A. Speed at which service is provided to customers from the point of first contact
B. Speed at which initiatives, aimed at improving customer service, progress through the
development pipeline
C. Speed at which customer complaints are dealt with from point of receipt through to resolution
D. Speed at which requests for change are assessed and responded to by individual projects and
programmes
Answer: C
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NO.3 Which is a main element in the resource management practice?
A. Understanding the demand for constrained resources
B. Motivating people to commit to the delivery of shared goals
C. Scheduling portfolio initiatives to avoid adversely impacting operational performance
D. Emphasising the need to operate as one team
Answer: A
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NO.4 Which is a 'key to success' of the stakeholder engagement practice?
A. Use of contemporary communications
B. Evidence-based forecasting
C. Clarity about governance structures and roles
D. Involve risk experts
Answer: A
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NO.5 Which describes the full scope of portfolio management?
A. Deciding where to invest - 'doing the right things'
B. Ensuring successful initiative delivery - doing things right'
C. 'Doing the right things' and 'doing things right' at a collective level
D. 'Doing the right things' and 'doing things right' at an individual initiative level
Answer: C
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NO.6 Which of the following is a main element of the financial management practice?
A. Application of staged release funding linked to stage/phase gates
B. Categorization of benefits as cashable and non-cashable
C. Consideration of financial liabilities arising from performance and guarantee bonds
D. Sub-portfolios are periodically reviewed
Answer: B
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NO.7 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. Reporting via a documented route and schedule
C. Specifying points at which reviews of initiatives are linked to funding release
D. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
Answer: B
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NO.8 Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the
key foundations on which effective portfolio management is based.
A. practices
B. principles
C. cycles
D. techniques
Answer: B
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