Be Able to Apply and Tailor the Practices, Techniques and Responsibilities of the Portfolio Delivery Cycle to a Scenario MOP-FOUNDATION Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   In portfolio-level benefits management, what does 'benefits realization' primarily involve?

   • AAllocating a budget for each benefit category
   • BAssigning a benefits owner for each project
   • CIdentifying all potential benefits during the initial business case
   • DEnsuring that the planned benefits are actually achieved over time
   Reveal Solution Discussion Select an answer first
2. 12foundation · easy

   A portfolio has a tight budget and a fixed deadline. How should financial management techniques be tailored?

   • AUse the same reporting frequency as for less constrained portfolios
   • BFocus only on the largest cost items
   • CImplement more frequent cost monitoring and reporting
   • DReduce financial reporting to save time
   Reveal Solution Discussion Select an answer first
4. 13foundation · easy

   What is the primary purpose of financial reporting in a portfolio?

   • ATo provide stakeholders with accurate information on portfolio costs and performance
   • BTo eliminate the need for cost control activities
   • CTo guarantee that all projects stay within their original budgets
   • DTo replace the need for project-level status reports
   Reveal Solution Discussion Select an answer first
5. 14foundation · easy

   What does 'capacity planning' involve in portfolio-level resource management?

   • AReviewing the performance of individual team members
   • BDetermining the future resource capacity needed to deliver the portfolio
   • CCreating a project schedule for each initiative
   • DAssigning resources to projects on a first-come, first-served basis
   Reveal Solution Discussion Select an answer first
6. 15expert · medium

   A portfolio of projects is being delivered in a matrix organization where project managers have limited authority over functional resources. The portfolio manager wants to improve the delivery of the portfolio. What is the most appropriate tailoring of practices?

   • AEstablish a portfolio governance board that includes functional managers, and use it to resolve resource conflicts and prioritize work.
   • BCommunicate directly with functional staff, bypassing their managers.
   • CAvoid using any governance structure, as it will slow down decision-making.
   • DGive project managers full authority over all resources, overriding functional managers.
   Reveal Solution Discussion Select an answer first