PeopleCert 106 Exam Practice Test Instant Access

Question 1

Which is a portfolio delivery practice?

ABalance

BEnergized change culture

CManagement by exception

DRisk management

Answer : D

Question 2

Which of the following refers to the 'one version of the truth' technique?

AReferring variances beyond control limit from plan to the portfolio governance body

BReporting via a documented route and schedule

CSpecifying points at which reviews of initiatives are linked to funding release

DDeriving forecasts of costs, duration and benefits of an initiative from similar previous projects

Answer : B

Question 3

Which statement about the prioritize practice is true?

AInvestment criteria used should be the same for each segment of the portfolio

BThe Portfolio Office should approve the prioritized list of changes before presentation to management boards

CMandatory changes (e.g. legal requirements) do not need to be included in the prioritization exercise

DStakeholders should be able to see evidence that all changes have been assessed fairly and consistently

Answer : D

Question 4

Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.

Apractices

Bprinciples

Ccycles

Dtechniques

Answer : B

Question 5

In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?

AIn a stable marketplace and where strategy is emergent

BIn a stable marketplace where strategy is formulated top-down

CIn a less stable marketplace where strategy is formulated top-down

DIn a less stable marketplace where strategy is emergent

Answer : D

Question 6

What is the definition of portfolio management?

ACarrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business

BA co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual

CSuccessfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned

DAn approach, or line to take, designed to achieve a long-term aim

Answer : B

Question 7

Which is NOT a 'key to success' of the financial management practice?

AStaged release of funding

BAlignment of the portfolio and financial reporting cycles

CRegular reporting of progress against plan

DPost-implementation reviews

Answer : D

PeopleCert Management of Portfolio Foundation (MOP) Exam Practice Test