Understand the Terms and Concepts Relating to the Portfolio Delivery Cycle MOP-FOUNDATION Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A portfolio review board is struggling to see how individual projects contribute to the organization's strategic objectives. The board members want a reporting structure that makes this connection explicit. What should the portfolio office implement?

   • AA summary of all project risks and issues, grouped by project manager.
   • BA dashboard that maps each project to the strategic objective it supports, with progress and benefits indicators aligned to that objective.
   • CA report that lists all projects sorted by budget size, with a note of their current RAG status.
   • DA financial report showing the total spend per department, with a comparison to the annual budget.
   Reveal Solution Discussion Select an answer first
2. 12application · medium

   An organization is about to start a large transformation program. The investment committee is concerned about committing the full budget upfront. They want to review progress and business case viability before releasing further funds. Which funding approach should they adopt?

   • AFund the program from a contingency reserve that is replenished annually.
   • BAllocate the full budget to the program but require monthly reporting to the committee.
   • CRelease funding in tranches, with each tranche contingent on achieving agreed milestones and a positive review.
   • DApprove the full budget at the start to avoid delays in procurement and recruitment.
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4. 13foundation · easy

   What is the champion-challenger model in portfolio decision-making?

   • AA method for selecting the project champion based on their seniority.
   • BA technique where a proposed approach (champion) is tested against one or more alternatives (challengers) before a decision is made.
   • CA process where the portfolio manager challenges all project proposals.
   • DA way to ensure that only one project is funded at a time.
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5. 14foundation · easy

   What is a key element of the resource management practice in portfolio delivery?

   • ADefining the strategic vision of the organization.
   • BSetting the financial tolerance for the portfolio.
   • CManaging the organization's public relations.
   • DPlanning and allocating people, equipment, and materials across the portfolio.
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6. 15foundation · easy

   What is a key to success for the organizational governance practice?

   • AHaving a single individual make all portfolio decisions.
   • BKeeping governance structures flexible and undefined to allow for creativity.
   • CClearly defined and communicated governance structures that are consistently applied.
   • DAvoiding any documentation of governance processes.
   Reveal Solution Discussion Select an answer first