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 5)

Questions 21–23

1. 21foundation · easy

   A portfolio office is being established. The organization has decided to implement portfolio management by first defining the portfolio’s scope and objectives, then identifying the key stakeholders, and finally designing the governance arrangements. Which statement about this implementation approach is correct?

   • AIt is inappropriate because stakeholder identification should occur after governance is in place.
   • BIt is appropriate only if the portfolio office is established before any other implementation activity.
   • CIt is appropriate because it follows a logical sequence from defining scope to establishing governance.
   • DIt is inappropriate because governance arrangements should be defined before the portfolio scope is agreed.
   Reveal Solution Discussion Select an answer first
2. 22foundation · easy

   In a scenario, an organization has implemented portfolio management by creating a portfolio strategy, but they have not defined any KPIs or established a review cycle. Which statement best evaluates this scenario?

   • AThe implementation is appropriate because a portfolio strategy is all that is needed.
   • BThe implementation is incomplete because measurement and sustainment mechanisms are missing.
   • CThe implementation is inappropriate because a portfolio strategy should never be created without KPIs.
   • DThe implementation is appropriate only if the strategy is reviewed annually by the board.
   Reveal Solution Discussion Select an answer first
3. 23application · medium

   A logistics company measures portfolio performance by tracking the number of projects initiated each quarter. The portfolio manager notices that the number of projects has increased, but the overall strategic impact has not improved. What is the most likely flaw in this measurement approach?

   • AThe metric should be replaced by a measure of project manager performance.
   • BThe metric is too difficult to collect accurately.
   • CThe metric measures activity rather than outcome, so it does not indicate whether the portfolio is delivering value.
   • DThe metric is appropriate, but the target should be lowered to reflect resource constraints.
   Reveal Solution Discussion Select an answer first