Online Questions - Valid Practice To your 106 Exam (Updated 111 Questions)
Practice To 106 - Remarkable Practice On your MoP® Foundation Exam
NEW QUESTION 38
The purpose of the [ ? ] is to collate key information that will provide clarity to senior management on the collection of change initiatives that will deliver the greatest contribution to the strategic objectives?
- A. portfolio definition cycle
- B. portfolio delivery cycle
- C. benefits management practice
- D. strategy alignment principle
Answer: C
NEW QUESTION 39
Which is an objective of the Portfolio Strategy?
- A. Document the short term view of what the portfolio is to achieve
- B. Promote discussion of any potential conflict between departmental and shared goals
- C. Create the baseline information to be input into the resource schedule
- D. Provide an overview of the portfolio linked to the strategic planning cycle
Answer: D
NEW QUESTION 40
How do portfolio and performance management coordinate to deliver strategic objectives?
1. Utilise the expertise of the performance management function in
designing portfolio performance metrics
2. Deliver change initiatives that contribute to strategic objectives
3. Incorporate the anticipated impact of the portfolio in performance
targets
4. Ensure the performance management function are engaged at an early
point in the development of business cases
- A. 2, 3, 4
- B. 1, 2, 4
- C. 1, 2, 3
- D. 1, 3, 4
Answer: D
NEW QUESTION 41
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
- A. The successful delivery of linked projects and transformation activities to achieve an intended outcome
- B. Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level
- C. Percentage of initiatives delivered on time and/or budget compared within initial forecasts
- D. Percentage of milestones being achieved during a projects life cycle compared with the planned milestones
Answer: C
NEW QUESTION 42
Which is NOT a key requirement of a fully effective Portfolio Office?
- A. Reporting into the Business Change or Portfolio Director
- B. Being involved fully with programme and project management delivery
- C. Having sufficient status to be effective across the organization
- D. Possessing sufficient skill to produce timely and reliable analyses
Answer: B
NEW QUESTION 43
Identify the missing words in the following sentence. A purpose of the Portfolio Benefits Realization Plan is to provide [?] against which to assess the benefits actually realized.
- A. a strategy
- B. a baseline
- C. a standard
- D. a gap analysis
Answer: B
NEW QUESTION 44
Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
- A. The governance body where decisions about inclusion of initiatives in the portfolio are made
- B. The role that is responsible for approving changes to the portfolio delivery practices
- C. The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
- D. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
Answer: B
NEW QUESTION 45
Which is a portfolio definition practice?
- A. Understand
- B. Reference class forecasting
- C. Governance alignment
- D. Resource management
Answer: C
NEW QUESTION 46
What affects how the MoP principles and practices are adapted by an organization?
- A. The organization's use of sophisticated approaches
- B. The organization's operational targets
- C. The organization's experience in the use of relevant IT solutions
- D. The organization's decision-making standards and processes
Answer: D
NEW QUESTION 47
Which is a portfolio definition practice?
- A. Strategy alignment
- B. Benefits management
- C. Categorize
- D. Multi-criteria analysis
Answer: C
NEW QUESTION 48
Which is a main element in the organizational governance practice?
- A. Using stage gates to ensure initiatives are reviewed consistently based on strategic contribution and risk
- B. Regular review of risks across the portfolio
- C. Clearly describing arrangements for benefits tracking and reporting
- D. Applying staged release of funding linked to stage gates
Answer: A
NEW QUESTION 49
What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?
- A. Portfolio delivery cycle
- B. Portfolio definition cycle
- C. Strategy alignment principle
- D. Understand practice
Answer: A
NEW QUESTION 50
How does portfolio management enable the most effective balance of organizational change and business as usual?
1. ensure change initiatives are agreed at the appropriate management
level
2. prioritize change initiatives in line with strategic objectives
3. review change initiatives regularly in terms of progress, cost,
risk, benefits and strategic contribution
4. cancel change initiatives if other initiatives appear with a better
predicted return
- A. 1, 3, 4
- B. 1, 2, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: C
NEW QUESTION 51
Which of the following is NOT a main element of the benefits management practice?
- A. Clear arrangements for benefits tracking
- B. Inclusion of re-appraisal of benefits in portfolio-level reviews
- C. Demonstrable senior management commitment
- D. A portfolio-level Benefits Realization Plan
Answer: B
NEW QUESTION 52
What term describes portfolio delivery in the context of MoP?
- A. principle
- B. technique
- C. practice
- D. cycle
Answer: B
NEW QUESTION 53
How does portfolio management support effective corporate governance?
- A. Ensures that the organization's change initiatives represent the optimal allocation of limited resources
- B. Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded
- C. Controls the major changes to business as usual
- D. Provides a means by which the link between strategy and resource allocation can be maintained
Answer: D
NEW QUESTION 54
Which is a main element in the stakeholder engagement practice?
- A. Checking the ranked list of strategic changes for impact across the business
- B. Applying the champion-challenger' model
- C. Ensuring that key stakeholders have a clear and shared understanding of the governance process
- D. Matching demand and supply of constrained resources
Answer: B
NEW QUESTION 55
Which of the following is a benefit of a well-managed portfolio definition cycle?
- A. Motivating people to deliver shared goals
- B. Allocating a priority to each change initiative through single-criteria analysis or multi-criteria analysis
- C. Creating a standard template for businesses cases for all change initiatives within the portfolio
- D. Improved delivery times and improved budgetary performance of projects within the portfolio
Answer: D
NEW QUESTION 56
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