Be Able to Apply and Tailor the Practices and Techniques of the Portfolio Definition Cycle to a Scenario MOP-PRACTITIONER Practice Questions (Page 5)

Questions 21–25

1. 21application · medium

   A public sector organization is starting its portfolio definition cycle. It has a large, fragmented portfolio of IT investments that have grown organically over many years. The portfolio office has limited time and budget for the initial assessment. The organization's leadership wants a quick but credible view of the current portfolio to inform the first prioritization discussion. What is the most appropriate approach for the portfolio office to take?

   • AConduct a detailed cost-benefit analysis of every investment before categorizing them.
   • BSkip the current portfolio assessment and move directly to prioritizing new initiatives.
   • CUse a lightweight data collection template to capture key attributes of each investment, then segment them into categories for analysis.
   • DAsk each business unit to self-report their investments without a standard template.
   Reveal Solution Discussion Select an answer first
2. 22application · medium

   A manufacturing company is assessing its current portfolio of improvement projects. The portfolio office has data on project costs and timelines, but no data on the strategic benefits or alignment with the company's new strategy. The company wants to prioritize projects based on strategic fit. What is the most appropriate action for the portfolio office?

   • AUse the existing cost and timeline data to prioritize projects
   • BPrioritize projects based on the length of time they have been in the portfolio
   • CAsk project managers to self-assess their project's strategic alignment without guidance
   • DCollect additional data on each project's expected benefits and strategic alignment before prioritizing
   Reveal Solution Discussion Select an answer first
4. 23foundation · easy

   Which approach is commonly used to prioritize portfolio components?

   • AScoring model
   • BFirst-come, first-served
   • CRandom selection
   • DAlphabetical ordering
   Reveal Solution Discussion Select an answer first
5. 24application · medium

   A government agency has completed the portfolio definition cycle and has a portfolio strategy and delivery plan. The agency wants to ensure that the portfolio continues to deliver the expected benefits and remains aligned with the strategy. What is the most important ongoing activity?

   • ACreating a detailed project plan for each project in the portfolio
   • BFreezing the portfolio to avoid any changes during the year
   • CRegularly reviewing the portfolio's performance and making adjustments as needed
   • DDelegating all portfolio decisions to individual project managers
   Reveal Solution Discussion Select an answer first
6. 25application · medium

   A technology company has a portfolio of projects that are all high-priority according to its scoring model. However, the company has limited engineering capacity and a low risk appetite. The portfolio office must decide which projects to include in the final portfolio. What is the most important consideration when balancing the portfolio?

   • AIncluding only projects that have the highest potential return
   • BChoosing projects that can be completed in the shortest time
   • CSelecting projects that are most popular with employees
   • DEnsuring that the total resource demand does not exceed available capacity
   Reveal Solution Discussion Select an answer first