Understand the Terms and Concepts Relating to the Portfolio Definition Cycle MOP-FOUNDATION Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   Which of the following is a key use of clear line of sight planning?

   • ATo identify and remove components that do not contribute to strategic objectives.
   • BTo create a communication plan for stakeholders.
   • CTo develop a risk register for the portfolio.
   • DTo allocate resources based on component size.
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2. 7foundation · easy

   In driver-based strategic contribution analysis, what is a 'driver'?

   • AA financial metric used to calculate ROI.
   • BA factor that has a significant influence on the achievement of strategic objectives.
   • CA person responsible for implementing a portfolio component.
   • DA tool used to manage project schedules.
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4. 8expert · hard

   A portfolio team has used driver-based strategic contribution analysis to prioritize components. However, the results are contested because some stakeholders believe the strategic drivers were not weighted correctly. The team wants to resolve this and produce a prioritization that is widely accepted. What should they do?

   • AHold a decision conference to review and agree the weights and the resulting prioritization
   • BRemove the components with the lowest scores
   • CAsk the most senior stakeholder to decide the weights
   • DRecalculate the analysis using equal weights for all drivers
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5. 9expert · hard

   A portfolio team is assessing components using driver-based strategic contribution analysis. They have identified the key strategic drivers and scored each component against them. However, some stakeholders argue that the analysis is too narrow and does not consider operational risks. The team wants to incorporate additional criteria without losing the focus on strategic contribution. What should they do?

   • AKeep driver-based analysis but ignore operational risks
   • BUse multi-criteria analysis with strategic contribution as one of the criteria, and include risk as another
   • CAdd risk as a separate unweighted criterion in the driver-based analysis
   • DAbandon driver-based analysis and rely solely on expert judgment
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6. 10expert · hard

   A portfolio has been balanced and is ready for planning. However, the portfolio manager is concerned that the balance may be disrupted during the planning phase because some components may require more resources than initially estimated. What should the portfolio manager do to mitigate this risk?

   • AIncorporate contingency into the plan and monitor resource usage against the balanced portfolio
   • BFreeze the portfolio and do not allow any changes during planning
   • CRe-prioritize the portfolio immediately after planning is complete
   • DReduce the scope of all components to ensure they fit the original estimates
   Reveal Solution Discussion Select an answer first