Know Facts, Terms and Concepts Relating to the Relationships Between Portfolio Management and Other Corporate Functions and Activities with a Role in Delivering Strategic Objectives MOP-PRACTITIONER Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A pharmaceutical company is running a portfolio that includes a new drug development programme and a manufacturing efficiency initiative. The portfolio office needs to ensure that the organisation has the right skills to deliver both. Which coordination activity is most important for this?

   • AWorking with finance to confirm the programme budgets
   • BWorking with IT to confirm the technology roadmap
   • CWorking with legal to confirm regulatory compliance
   • DWorking with human resources to plan for the required skills and capacity
   Reveal Solution Discussion Select an answer first
2. 2application · medium

   A utility company is running a portfolio that includes a major IT system replacement and a regulatory compliance programme. The portfolio office needs to understand the operational impact of these changes on day-to-day services. Which function should the portfolio office coordinate with to assess this?

   • AFinance
   • BOperations
   • CHuman resources
   • DProcurement
   Reveal Solution Discussion Select an answer first
4. 3foundation · easy

   What is the role of risk management in relation to portfolio management?

   • ARisk management is responsible for funding the portfolio's components
   • BRisk management identifies and manages the risks that could affect the delivery of the portfolio's strategic objectives
   • CRisk management is responsible for the day-to-day operations of the organization
   • DRisk management is responsible for delivering the portfolio's projects and programmes
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5. 4application · medium

   A retail bank is launching a digital transformation portfolio. The portfolio office has identified that the finance function needs to be involved early in the change approval process. Which specific contribution is the finance function most likely to make during the early stage of portfolio definition?

   • ADefining the customer experience targets for the digital channels
   • BApproving the technical architecture for the new digital platform
   • CProviding cost estimates and investment appraisal for candidate change initiatives
   • DAllocating project managers to the highest-priority change initiatives
   Reveal Solution Discussion Select an answer first
6. 5expert · hard

   A multinational company is running a portfolio that includes a global HR system rollout and a regional marketing campaign. The HR function has confirmed that the rollout will require significant staff time for training, while the marketing function has confirmed that the campaign will require the same staff for customer engagement. The portfolio office must decide how to proceed. What is the most appropriate action?

   • ACoordinate with both HR and marketing to understand the resource conflict and adjust the portfolio schedule
   • BPrioritise the HR rollout and cancel the marketing campaign
   • CProceed with both initiatives as planned and rely on the functions to resolve the conflict
   • DPrioritise the marketing campaign and delay the HR rollout indefinitely
   Reveal Solution Discussion Select an answer first