Understand the Key Aspects of the Relationships Between the Portfolio and Other Corporate Functions and Activities with a Role in Delivering Strategic Objectives MOP-FOUNDATION Practice Questions (Page 5)

Questions 21–25

1. 21expert · hard

   A hospital is running a portfolio that includes a new electronic health record (EHR) system and a patient appointment scheduling improvement. The EHR programme requires the temporary redeployment of 15 administrative staff from BAU to support data migration. The hospital's BAU target is to answer 90% of patient calls within 30 seconds. The operations director warns that redeploying the staff will drop call answering to 70%. The EHR programme is a regulatory priority with a fixed deadline. What should the portfolio office do?

   • AReject the redeployment and require the EHR programme to use only external contractors for the data migration.
   • BEscalate the conflict to the board and recommend that the EHR deadline be extended to protect BAU services.
   • CWork with the EHR programme and operations to find a phased redeployment that keeps call answering above a minimum acceptable level while meeting the regulatory deadline.
   • DApprove the redeployment and accept the temporary drop in BAU service levels because the EHR is a regulatory priority.
   Reveal Solution Discussion Select an answer first
2. 22foundation · easy

   How does portfolio management use performance management information?

   • ATo make decisions about the future of initiatives in the portfolio
   • BTo calculate the salaries of project team members
   • CTo prepare the organization's tax returns
   • DTo determine the daily work schedules of operational staff
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4. 23application · medium

   A financial services firm's portfolio includes a high-risk regulatory compliance programme and several lower-risk efficiency initiatives. The board is concerned that the compliance programme is consuming a disproportionate share of the budget. The portfolio office has been asked to support the board's next decision. What should the portfolio office do to support effective corporate governance?

   • AAdvise the board to defer the efficiency initiatives to free up budget for compliance.
   • BPresent the compliance programme's spend and risk profile alongside the strategic necessity of meeting the regulatory deadline.
   • CAsk the compliance programme to reduce its scope to fit the original budget without board approval.
   • DRecommend that the board cap the compliance programme's budget at the same level as the efficiency initiatives.
   Reveal Solution Discussion Select an answer first
5. 24foundation · easy

   What is the primary coordination role of portfolio management in relation to programme and project management?

   • ATo allocate all resources to projects without considering BAU needs
   • BTo manage the day-to-day activities of each project team
   • CTo ensure that programmes and projects deliver outputs that align with the strategic objectives of the portfolio
   • DTo approve every project's detailed design documents
   Reveal Solution Discussion Select an answer first
6. 25foundation · easy

   How does portfolio management support corporate governance?

   • ABy eliminating the need for external audits
   • BBy providing oversight, accountability, and transparency in decision-making
   • CBy making all decisions on behalf of the board of directors
   • DBy ensuring that all projects are profitable
   Reveal Solution Discussion Select an answer first