Know Facts, Terms and Concepts Relating to the Portfolio Definition Cycle MOP-PRACTITIONER Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A healthcare organization has prioritized its portfolio initiatives. The resulting portfolio exceeds the available budget and the organization's risk appetite. According to MoP, what should the portfolio office do next?

   • AProceed to the Plan practice and assume the budget can be increased later.
   • BAdjust the portfolio mix by deferring or descoping lower-priority initiatives to bring it within budget and risk tolerance.
   • CRe-prioritize all initiatives using a different set of criteria.
   • DCategorize the portfolio again to create more categories.
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2. 7application · medium

   A telecommunications company has categorized its portfolio into 'Network Expansion' and 'Digital Services'. The portfolio office needs to prioritize initiatives within each category. The company's strategic objective is to increase market share. Which criteria should the portfolio office use to prioritize initiatives?

   • APrioritize based solely on the size of the initiative's budget.
   • BUse a single set of criteria agreed with stakeholders, applied consistently across all categories.
   • CUse different criteria for each category to reflect the unique nature of the work.
   • DPrioritize based on the order in which initiatives were proposed.
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4. 8application · medium

   A public sector organization is about to begin its portfolio definition cycle. The portfolio office has gathered data on current programs and projects, but the executive board has not yet agreed on the strategic themes that will guide the categorization of the portfolio. According to MoP, what is the most appropriate next step?

   • APrioritize the portfolio first and then derive the strategic themes from the resulting priority order.
   • BProduce the portfolio strategy directly from the current portfolio data without waiting for the board.
   • CPause the cycle and facilitate a workshop to agree the strategic themes before categorization begins.
   • DProceed to categorize the portfolio using the existing program and project types as a proxy for strategic themes.
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5. 9application · medium

   A bank is defining its portfolio. The portfolio office has completed the Understand practice and identified three strategic themes: 'Digital Transformation', 'Risk Management', and 'Cost Reduction'. The portfolio office is now grouping initiatives. What is the main benefit of this categorization?

   • AIt automatically balances the portfolio across the themes.
   • BIt provides a detailed delivery schedule for each initiative.
   • CIt ensures that all initiatives have the same priority level.
   • DIt facilitates analysis and decision-making by grouping initiatives with similar strategic focus.
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6. 10foundation · easy

   What is the main purpose of the Balance practice?

   • ATo adjust the portfolio mix to align with organizational capacity, risk appetite, and strategic objectives
   • BTo develop the portfolio delivery plan
   • CTo group programs and projects into categories
   • DTo rank programs and projects within categories
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