Be Able to Apply and Tailor the Practices, Techniques and Responsibilities of the Portfolio Delivery Cycle to a Scenario MOP-PRACTITIONER Practice Questions (Page 1)

Questions 1–5

1. 1expert · hard

   A portfolio includes several projects that depend on a single external partner for critical services. The partner has a history of delays, and the portfolio risk manager has identified this as a key risk. The portfolio board is risk-averse and wants to minimize the impact of any partner failure. However, switching partners would delay all projects significantly. What is the most appropriate risk response?

   • ASwitch to a new partner immediately to eliminate the risk, accepting the delay.
   • BAccept the risk and rely on the partner's track record, since switching would cause more delay.
   • CDevelop a contingency plan that includes alternative delivery approaches and buffer time, while continuing to work with the current partner.
   • DTransfer the risk to the partner by requiring a penalty clause and insurance.
   Reveal Solution Discussion Select an answer first
2. 2foundation · easy

   What does tailoring portfolio delivery practices involve?

   • AEliminating all practices to reduce bureaucracy
   • BAdjusting the level of formality and detail of practices to suit the portfolio's size and complexity
   • CCopying practices from a single successful project
   • DUsing the same practices for every portfolio regardless of context
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4. 3application · medium

   A portfolio office is preparing the annual budget for the next financial year. The portfolio includes a mix of mandatory projects (regulatory compliance) and discretionary projects (innovation). The finance director wants to ensure that mandatory projects are funded, but also wants to allocate some budget to innovation. What is the most appropriate budgeting approach?

   • AAllocate the budget equally between mandatory and discretionary projects to ensure balance.
   • BFund all mandatory projects first, then allocate the remaining budget to discretionary projects based on strategic priority.
   • CFund only discretionary projects, since they drive growth, and defer mandatory projects.
   • DFund only mandatory projects, since they are non-negotiable, and cancel discretionary projects.
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5. 4foundation · easy

   Which practice is used to engage stakeholders at the portfolio level?

   • ADeveloping a stakeholder engagement plan that identifies stakeholders and communication needs
   • BCommunicating only with senior executives
   • CSending a single email to all stakeholders at the start of the portfolio
   • DAvoiding communication until the portfolio is complete
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6. 5foundation · easy

   Which practice is used to define and track benefits at the portfolio level?

   • ACreating a benefits realization plan that links benefits to strategic objectives
   • BAssigning each benefit to a single project manager
   • CRecording benefits only after they have been realized
   • DUsing financial metrics exclusively to measure benefits
   Reveal Solution Discussion Select an answer first