Know Facts, Terms and Concepts Relating to Implementing, Sustaining and Measuring Portfolio Management MOP-PRACTITIONER Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A technology startup with a flat structure and a culture of rapid experimentation is introducing portfolio management. The founders are concerned that heavy formal processes will stifle innovation. They want to adopt a lightweight approach that can adapt as the company grows. Which implementation approach is most appropriate?

   • AOutsourced implementation to a large consulting firm
   • BBig bang implementation with a full suite of portfolio tools and processes
   • CIncremental implementation with a formal pilot in one department
   • DEvolutionary implementation, starting with simple practices and adapting them over time
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A portfolio office has completed an assessment of the impact of portfolio management. The results show that decision-making is faster and more transparent. What is the most important next step for the portfolio office?

   • AStop the assessment process now that positive results have been achieved
   • BCommunicate the results to stakeholders and use them to inform future improvements
   • CArchive the results for future reference
   • DRepeat the assessment immediately to confirm the results
   Reveal Solution Discussion Select an answer first
4. 3foundation · easy

   An organization wants to introduce portfolio management with minimal disruption, starting with a small pilot in one business unit before expanding. Which implementation approach does this describe?

   • AIncremental
   • BBig bang
   • CEvolutionary
   • DPhased
   Reveal Solution Discussion Select an answer first
5. 4foundation · easy

   Which of the following best describes the three broad approaches to implementing portfolio management?

   • ACentralized, decentralized, and federated
   • BBig bang, phased, and evolutionary
   • CWaterfall, agile, and hybrid
   • DTop-down, bottom-up, and middle-out
   Reveal Solution Discussion Select an answer first
6. 5application · medium

   A portfolio office has implemented a new benefits realization process. The portfolio manager wants to assess whether this process has improved the organization's ability to deliver benefits. Which measure would be most appropriate for this assessment?

   • AThe number of benefits identified in the business cases
   • BThe amount of time spent on benefits management activities
   • CThe number of benefits management workshops held
   • DThe percentage of projects achieving their forecast benefits within the planned timeframe
   Reveal Solution Discussion Select an answer first