Know Facts, Terms and Concepts Relating to Implementing, Sustaining and Measuring Portfolio Management MOP-PRACTITIONER Practice Questions (Page 4)

Questions 16–18

1. 16foundation · easy

   What is a key benefit of assessing the impact of portfolio management?

   • AIt automatically reduces portfolio costs
   • BIt eliminates the need for ongoing portfolio reviews
   • CIt provides evidence of the value delivered by portfolio management
   • DIt guarantees that all projects will be successful
   Reveal Solution Discussion Select an answer first
2. 17expert · hard

   An organization is implementing portfolio management. The executive team is divided: some want a rapid, organization-wide rollout to realize benefits quickly, while others want a cautious, phased approach to minimize risk. The implementation lead must recommend an approach that satisfies both factions as much as possible. What is the most balanced recommendation?

   • ADefer the decision until the executive team reaches consensus
   • BEvolutionary implementation with no fixed timeline
   • CBig bang implementation with a detailed risk mitigation plan
   • DIncremental implementation with an aggressive timeline and early delivery of visible benefits
   Reveal Solution Discussion Select an answer first
3. 18application · medium

   A portfolio office has been operating for 18 months. The chief executive is supportive but has asked for evidence that portfolio management is delivering benefits. The portfolio office has good data on project delivery but has not previously assessed the impact of the portfolio management function itself. What is the most important first step for the portfolio office?

   • AReport the number of projects completed on time and on budget
   • BDefine the measures and baseline for assessing the impact of portfolio management
   • CInterview project managers to gather their opinions on the process
   • DConduct a benchmarking exercise against competitor organizations
   Reveal Solution Discussion Select an answer first