Understand the Terms and Concepts Relating to the Portfolio Delivery Cycle MOP-FOUNDATION Practice Questions (Page 10)

Questions 46–47

1. 46foundation · easy

   How is the champion-challenger model used in portfolio decision-making?

   • ATo ensure that all projects are funded equally.
   • BTo compare the current preferred option against alternatives to determine which delivers the best value.
   • CTo assign a champion to each project to ensure its success.
   • DTo eliminate all challengers and fund only the champion.
   Reveal Solution Discussion Select an answer first
2. 47application · medium

   A portfolio manager is implementing a resource management practice. The organization has several projects that require the same scarce specialist skills, and there have been conflicts over allocation. What is the most effective way to manage this?

   • ALet each project manager negotiate directly with the resource owners for the skills they need.
   • BHire additional contractors for every project that needs the scarce skills.
   • CDelay all projects that require the scarce skills until the resources become available.
   • DCreate a portfolio-level resource plan that identifies demand, prioritizes projects, and allocates scarce resources accordingly.
   Reveal Solution Discussion Select an answer first