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NO.1 Which is a main element of the risk management practice?
A. Adoption of the champion-challenger' model
B. Introduction of a summary investment appraisal template
C. Preparation of a Portfolio Management Framework
D. Implementation of an effective escalation path to the relevant portfolio governance body
Answer: D

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NO.2 Identify the missing word in the definition of portfolio management. A coordinated collection
of [ ? ] processes and decisions that together enable the most effective balance of organizational
change and business as usual.
A. business
B. strategic
C. programme
D. delivery
Answer: C

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NO.3 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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NO.4 Which statement about the prioritize practice is true?
A. A segmented portfolio should use the same criteria to prioritize each segment
B. Mandatory projects should not be included in the normal prioritization process
C. Prioritization of initiatives should be based on an estimate of financial benefits that may be
D. A mandatory requirement should be reviewed to ensure that the planned change is cost effective
Answer: D

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NO.5 Identify the missing words in the following sentence. A consequence of a well-functioning
portfolio delivery cycle is a portfolio [?] by enabling resource re-allocation when required.
A. that remains strategically aligned
B. that has clarity on its high-level scope
C. where the portfolio governance body makes informed decisions on composition
D. that matches planned changes with its capacity to deliver
Answer: D

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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 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.8 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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Posted 2014/9/16 14:40:54  |  Category: EXIN  |  Tag: CLOUDF Practice TestMOPF practice testBIMF Latest DumpsEXIN