Understand the Principles Upon Which Efficient and Effective Approaches to Portfolio Management Are Built MOP-PRACTITIONER Practice Questions (Page 7)

Questions 31–35

1. 31expert · medium

   A government agency has a portfolio of projects but its strategic objectives are not quantified. The agency's leadership is reluctant to use scoring models because they believe they are too subjective. What is the best way to address this concern while still achieving strategic alignment?

   • AWait until the agency develops quantified strategic measures before prioritizing.
   • BUse a scoring model but involve a diverse group of stakeholders to reduce bias.
   • CUse a purely financial analysis, such as return on investment, to prioritize projects.
   • DAbandon formal prioritization and rely on the judgment of senior managers.
   Reveal Solution Discussion Select an answer first
2. 32foundation · easy

   What is a key service provided by a Portfolio Office?

   • AApproving the portfolio budget
   • BAssigning project managers to projects
   • CSetting the organization's strategic objectives
   • DFacilitating portfolio prioritization and resource allocation processes
   Reveal Solution Discussion Select an answer first
4. 33foundation · easy

   What technique helps ensure that programmes and projects remain aligned with organizational strategy?

   • AConducting regular portfolio reviews to assess strategic contribution
   • BDelegating alignment decisions to project managers
   • CUsing the same project plan for all initiatives
   • DFreezing the portfolio once it is approved
   Reveal Solution Discussion Select an answer first
5. 34foundation · easy

   What is a common source of organizational energy in a change context?

   • AA rigid adherence to the original plan
   • BA focus on individual rewards only
   • CVisible leadership commitment and role modeling
   • DAvoiding any discussion of challenges
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6. 35foundation · easy

   Which of the following best describes how senior management engagement supports effective portfolio management?

   • ABy delegating all portfolio decisions to the Portfolio Office
   • BBy focusing solely on operational day-to-day management of projects
   • CBy providing clear direction and making final decisions on prioritization and resource allocation
   • DBy ensuring that all projects use the same project management methodology
   Reveal Solution Discussion Select an answer first