Which body is typically responsible for making high-level decisions about the portfolio?

Portfolio board (or investment committee)

What is the main goal of resource management in a portfolio?

To reduce the number of resources used

To hire new staff for every project

To assign all resources to the highest-priority project

To allocate and optimize resources across the portfolio

What does 'benefit tracking' involve in benefits management?

Calculating the total cost of the portfolio

Monitoring the progress of benefits against planned targets

Identifying stakeholders who will receive the benefits

Assigning project managers to initiatives

A portfolio includes a project to implement a new CRM system. The expected benefit is 'improved customer satisfaction'. The benefits management team needs to track this benefit. What is the most appropriate way to define the benefit so it can be measured?

Describe the benefit qualitatively as 'better customer experience'.

Use the project completion date as the measure of benefit realization.

Rely on the project manager's judgment to confirm when the benefit is achieved.

Define a measurable target, such as 'increase customer satisfaction score by 10% within 12 months of go-live'.

What does 'resource optimization' involve in portfolio management?

Assigning resources based on personal preference

Eliminating all resource constraints

Balancing resource demand and availability to maximize portfolio value

MoP Practitioner

Domain 6Objective 1

Know Facts, Terms and Concepts Relating to the Portfolio Delivery Cycle MOP-PRACTITIONER Practice Questions (Page 4)

Part of the Portfolio delivery cycle domain, which makes up ~27% of our current practice bank.

36questions here

8free pages

8concepts

Questions 16–20

16foundation · easy
Which body is typically responsible for making high-level decisions about the portfolio?
Select an answer first
17foundation · easy
What is the main goal of resource management in a portfolio?
Select an answer first
18foundation · easy
What does 'benefit tracking' involve in benefits management?
Select an answer first
19application · medium
A portfolio includes a project to implement a new CRM system. The expected benefit is 'improved customer satisfaction'. The benefits management team needs to track this benefit. What is the most appropriate way to define the benefit so it can be measured?
Select an answer first
20foundation · easy
What does 'resource optimization' involve in portfolio management?
Select an answer first

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