Be Able to Identify, Analyse and Distinguish Between Appropriate and Inappropriate Application of the Recommended Approaches to Implementing, Sustaining and Measuring Portfolio Management Within a Scenario MOP-FOUNDATION Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   A portfolio office measures its success by counting the number of meetings held each month and the volume of documents produced. It does not look at outcomes or benefits. Which statement best describes this measuring approach?

   • AIt is inappropriate because it measures activity rather than the outcomes and value delivered by the portfolio.
   • BIt is inappropriate only because the measures are too difficult to collect, but otherwise the approach is sound.
   • CIt is appropriate because high levels of activity indicate that portfolio management is being taken seriously.
   • DIt is appropriate because measuring documents and meetings is the only objective way to assess portfolio management.
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   An organization decides to implement portfolio management by immediately introducing a complex new software tool and requiring all project managers to enter detailed data from day one. They measure success by the number of data entries completed. What is the main reason this implementation and measurement approach is inappropriate?

   • AIt is appropriate because it ensures immediate compliance
   • BIt does not include a budget for training
   • CIt prioritizes tool adoption and data entry over building understanding and value
   • DIt is inappropriate because the software tool is likely to be too expensive
   Reveal Solution Discussion Select an answer first
4. 18application · medium

   A portfolio office measures the success of its portfolio management by counting the number of reports produced each month and the number of meetings held. They use these numbers to demonstrate that portfolio management is active. Why is this measurement approach inappropriate?

   • AIt is too expensive to collect this data
   • BIt measures activity rather than outcomes or value delivered
   • CIt does not include a measure of stakeholder satisfaction
   • DIt relies on qualitative rather than quantitative data
   Reveal Solution Discussion Select an answer first
5. 19foundation · easy

   A portfolio office implements portfolio management by running awareness sessions and piloting the approach before full rollout. Why is this implementation approach considered appropriate?

   • ABecause it builds understanding and commitment gradually, reducing the risk of resistance and failure.
   • BBecause it avoids the need for any stakeholder involvement in the implementation process.
   • CBecause it ensures the approach is implemented exactly as designed without any changes.
   • DBecause it guarantees that all projects in the portfolio will be successful.
   Reveal Solution Discussion Select an answer first
6. 20application · medium

   A portfolio management team has been running for a year. To sustain the approach, they decide to reduce the frequency of portfolio reviews from monthly to annually, arguing that this reduces the burden on project managers. Why is this sustaining approach likely to be inappropriate?

   • AIt will increase the cost of portfolio management
   • BAnnual reviews are too infrequent to allow timely corrective action
   • CIt will make the portfolio more responsive to market changes
   • DIt will improve the quality of decision-making
   Reveal Solution Discussion Select an answer first