Be Able to Identify, Analyse and Distinguish Between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to a Scenario MOP-PRACTITIONER Practice Questions (Page 7)

Questions 31–32

1. 31expert · hard

   A large insurance firm is undertaking portfolio definition for the first time. The portfolio office has gathered data from multiple sources: financial systems, project status reports, and interviews with sponsors. The data is inconsistent (e.g., different cost definitions, missing benefits). The portfolio manager must decide how to proceed. Which approach is most appropriate?

   • AEstablish a common data framework and definitions, then re-collect the data using a single template, validating with sponsors.
   • BDelay the definition cycle until the organization has implemented a new project management tool.
   • CUse only the financial data, as it is the most objective and reliable source.
   • DProceed with the existing data, noting the inconsistencies in the portfolio strategy document.
   Reveal Solution Discussion Select an answer first
2. 32expert · hard

   A charity is categorizing its portfolio of fundraising and service-delivery projects. The head of fundraising proposes categorizing projects by the donor segment they target (e.g., corporate, individual, legacy). The head of operations proposes categorizing by the type of service (e.g., food bank, counselling, training). The CEO asks the portfolio manager to decide. Which categorization is most appropriate for portfolio definition?

   • AUse a two-dimensional categorization, such as 'strategic objective' crossed with 'change type' (e.g., run, grow, transform).
   • BCategorize by donor segment, because it aligns with the funding strategy and shows where income comes from.
   • CCategorize by service type, because it reflects the operational delivery and the charity's mission.
   • DUse the donor segment for fundraising projects and the service type for delivery projects, as they are different domains.
   Reveal Solution Discussion Select an answer first