Be Able to Apply and Tailor the Practices, Techniques and Responsibilities of the Portfolio Delivery Cycle to a Scenario MOP-PRACTITIONER Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A portfolio office in a large organization has a formal governance structure with monthly board meetings. The organization is now introducing a fast-track process for small, low-risk projects to reduce time-to-market. The portfolio manager must adapt the management control practices to accommodate this change. What is the most appropriate adaptation?

   • AEliminate all reporting for fast-track projects to maximize speed.
   • BLet fast-track projects report only to the project sponsor, not the portfolio board.
   • CRequire fast-track projects to follow the same monthly reporting and board approval as all other projects.
   • DDefine a lighter-touch control framework for fast-track projects, with simplified reporting and delegated approval thresholds.
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2. 7expert · hard

   A portfolio includes several projects that require the same specialized engineers. The resource manager has identified that the demand for these engineers exceeds supply for the next quarter. The portfolio board wants to avoid delaying strategically important projects, but also wants to maintain good relationships with project sponsors. What is the most appropriate resource management approach?

   • AAllocate the engineers to the projects with the highest strategic priority, and communicate the rationale to the sponsors of deferred projects.
   • BDelay all projects equally until more engineers are available.
   • CShare the engineers equally across all projects to avoid upsetting any sponsor.
   • DHire contractors to meet the demand, regardless of cost, to avoid any delay.
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4. 8application · medium

   A retail bank's portfolio includes a customer-facing mobile app upgrade, an internal fraud-detection system, and a regulatory reporting change. The portfolio office wants to track benefits realization consistently. The mobile app upgrade has clear revenue benefits, the fraud system has cost-avoidance benefits, and the regulatory change has mandatory compliance benefits. What is the most appropriate portfolio-level benefits management approach?

   • AConvert all benefits to a single monetary value, even if some are non-financial, to enable direct comparison.
   • BDefine a single portfolio-level benefits map that links each project's benefits to strategic objectives, and track them with common measures where possible.
   • COnly track the revenue benefits from the mobile app, as they are the only ones that can be measured in financial terms.
   • DLet each project manager define and track their own benefits independently, since the benefits are too different to compare.
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5. 9application · medium

   A logistics company's portfolio includes projects that share the same warehouse automation technology. A single vendor supplies critical components for three of these projects. The portfolio risk manager has identified that if the vendor fails, all three projects could be delayed. What is the most appropriate portfolio-level risk response?

   • AAvoid the risk by cancelling all three projects and replacing them with projects using different technology.
   • BTreat the risk at the portfolio level by identifying an alternative supplier and developing a contingency plan for the affected projects.
   • CTransfer the risk to the vendor by requiring a penalty clause in the contract, and take no further action.
   • DAccept the risk and note it in each project's risk register, since the vendor has a good track record.
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6. 10foundation · easy

   What is the purpose of tracking benefits at the portfolio level?

   • ATo provide a basis for annual staff performance reviews
   • BTo confirm that the portfolio is delivering the expected value and to inform future investment decisions
   • CTo ensure every benefit is achieved exactly as originally planned
   • DTo satisfy external auditors only
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