Be Able to Apply and Tailor the Recommended Approaches Taken to Implementing, Sustaining and Measuring Portfolio Management to a Scenario MOP-FOUNDATION Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   What is a common way to maintain organizational energy during portfolio delivery cycles?

   • ACelebrating successes and sharing progress updates
   • BAvoiding any changes to the portfolio once it is set
   • CFocusing only on problems and failures
   • DLimiting communication to senior management
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A bank has implemented portfolio management and wants to assess its maturity. The portfolio office has limited resources and needs a practical approach. Which assessment method is most appropriate?

   • AA self-assessment against a maturity model, supplemented by interviews with key stakeholders
   • BA review of the number of projects in the portfolio
   • CA full external audit of all portfolio processes
   • DA simple survey of project managers asking if they think portfolio management is effective
   Reveal Solution Discussion Select an answer first
4. 8expert · hard

   A public utility is implementing portfolio management. The organization has a strong union presence and a culture of consultation. Employees are concerned that portfolio management will lead to job losses and increased workload. The leadership team wants to build and maintain organizational energy. Which approach is most effective?

   • AImplement portfolio management quickly before opposition can build
   • BLimit communication to senior managers to avoid alarming employees
   • CEngage with unions and employee representatives early, and communicate how portfolio management will improve decision-making and resource allocation
   • DPromise that no jobs will be affected by portfolio decisions
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   Which factor is most important when selecting an approach for implementing portfolio management in an organization?

   • AThe preference of the external consultant hired to lead the implementation
   • BThe organization's culture, readiness, and capacity for change
   • CThe availability of off-the-shelf portfolio management software
   • DThe number of projects currently in the portfolio
   Reveal Solution Discussion Select an answer first
6. 10application · medium

   A technology company is designing its portfolio governance. It has a fast-moving culture where decisions need to be made quickly, but there is concern that too many projects are started without proper scrutiny. The company wants to maintain agility while ensuring that projects align with strategy and have clear accountability. Which governance design best meets these needs?

   • AA single central committee that reviews every project in detail before approval
   • BA two-tier governance structure with a portfolio board for strategic direction and delegated authority for operational decisions
   • CNo formal governance, letting project managers decide which projects to start
   • DA governance structure that only reviews projects at the end of the year
   Reveal Solution Discussion Select an answer first