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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which is NOT an acceptable approach to budgeting in the context of portfolio management?

A) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
B) Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit
C) Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
D) Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives

2. What is an objective of performing a gap analysis during the understand practice?

A) To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
B) To identify change initiatives required to close the gap between current and target performance
C) To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.
D) To identify resource requirements for business as usual against those required to deliver strategic changes

3. Which is one of the 5 portfolio management principles?

A) Categorize
B) Portfolio delivery
C) Governance alignment
D) Management by exception

4. Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1.It helps to ensure that a consistent approach is applied across the portfolio
2.It prepares the Portfolio Strategy and Delivery Plan
3.It is a temporary structure set up to assist with the delivery of change
4.It provides assurance to senior management on effective delivery of change

A) 2, 3, 4
B) 1, 2, 4
C) 1, 3, 4
D) 1, 2, 3

5. Which is NOT one of the three broad approaches to implementing portfolio management?

A) One version of the truth
B) Evolution
C) Big bang
D) Ad hoc

Solutions: