Be Able to Identify, Analyse and Distinguish Between Appropriate and Inappropriate Application of the Recommended Approaches to Implementing, Sustaining and Measuring Portfolio Management Within a Scenario MOP-PRACTITIONER Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A technology company measures the success of its project portfolio using a single metric: the percentage of projects completed on time. Recently, the portfolio has delivered on time but several completed projects have failed to deliver the expected business benefits. The portfolio manager wants to improve the measurement approach. What should they do?

   • AMeasure only the financial return of each project.
   • BReplace the on-time metric with a customer satisfaction survey.
   • CKeep the on-time metric but set a higher target to drive better performance.
   • DAdd a benefits realization metric that tracks whether projects achieve their intended outcomes after delivery.
   Reveal Solution Discussion Select an answer first
2. 12expert · hard

   A multinational corporation has a portfolio management process that is well-established in its headquarters but has not been rolled out to regional offices. The regional offices have their own local projects and priorities. The CEO wants to integrate regional projects into the global portfolio to improve strategic alignment. What is the most important first step?

   • AMandate that all regional offices adopt the headquarters' process immediately.
   • BConduct a pilot in one region to test the integration approach and learn from the experience.
   • CCreate a separate portfolio for each region and do not integrate them.
   • DFocus only on the global portfolio and ignore regional projects.
   Reveal Solution Discussion Select an answer first
4. 13application · medium

   A telecommunications company has been sustaining portfolio management for five years. The portfolio office conducts an annual benefits review, but the results are not used to inform future investment decisions. The portfolio manager wants to improve the link between measurement and decision-making. What is the most appropriate action?

   • AEnsure that the results of benefits reviews are presented to the portfolio board and used to adjust the portfolio.
   • BPublish the benefits review results on the company intranet for all employees to see.
   • CConduct the benefits review more frequently, such as quarterly.
   • DStop conducting benefits reviews because they are not being used.
   Reveal Solution Discussion Select an answer first
5. 14expert · hard

   A manufacturing company has a portfolio management process that is well-established. The portfolio board uses a set of KPIs to monitor performance. Recently, the board has been criticized for focusing too much on short-term financial metrics and not enough on long-term innovation. The CEO wants to rebalance the measurement approach. What is the most appropriate action?

   • ARemove all financial metrics from the dashboard to force a focus on innovation.
   • BKeep the current KPIs but discuss innovation qualitatively in board meetings.
   • CReplace the current dashboard with a single composite score that includes both financial and innovation measures.
   • DAdd a set of innovation-related KPIs, such as the percentage of revenue from new products, to the existing dashboard.
   Reveal Solution Discussion Select an answer first
6. 15application · medium

   A public sector organization has been running portfolio management for two years. The portfolio office conducts an annual review of the portfolio's alignment with strategic objectives, but the review is seen as a bureaucratic exercise. Managers complain that the criteria used to score projects have not changed since the framework was introduced, even though the organization's strategy has shifted. What is the most appropriate action to sustain effective portfolio management?

   • AIncrease the frequency of the review to quarterly so that alignment is checked more often.
   • BContinue with the annual review but make the scoring criteria more detailed to capture nuances.
   • CAbolish the annual review to reduce bureaucracy and allow managers to focus on delivery.
   • DUpdate the scoring criteria to reflect the current strategic priorities and communicate the change to all stakeholders.
   Reveal Solution Discussion Select an answer first