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MOPF Practice Exam Questions with Answers Management of Portfolio Foundation Certification

Question # 6

Which is a responsibility of the Portfolio Direction Group / Investment Committee?

A.

Ensure the portfolio is properly balanced

B.

Champion the implementation of portfolio management across the organization

C.

Develop the organization's Portfolio Benefits Management Framework

D.

Ensure business case data is prepared on a consistent basis across the organization

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Question # 7

Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?

A.

Prioritize

B.

Plan

C.

Categorize

D.

Balance

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Question # 8

Which describes the relationship between business as usual and portfolio management?

A.

Change the business, run the portfolio

B.

Run the business, change the business

C.

Change the business, change the portfolio

D.

Run the business, run the portfolio

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Question # 9

Which is a portfolio delivery practice?

A.

Categorize

B.

Financial management

C.

Staged release of funding

D.

Governance alignment

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Question # 10

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.

strategy alignment principle

B.

benefits management practice

C.

portfolio delivery cycle

D.

portfolio definition cycle

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Question # 11

Which statement about multi-level portfolios is true?

A.

There should be clearly defined rules for delegation

B.

Investment decisions are only reviewed at corporate level

C.

Management of sub-portfolios is independent of the portfolio governance body

D.

All current and planned change initiatives must be included in one of the sub-portfolios

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Question # 12

The purpose of which practice is to ensure that delivery stays on track and that the portfolio remains strategically aligned?

A.

Management control

B.

Organizational governance

C.

Stakeholder engagement

D.

Prioritize

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Question # 13

Which statement about the prioritize practice is true?

A.

A segmented portfolio should use the same criteria to prioritize each segment

B.

Mandatory projects should not be included in the normal prioritization process

C.

Prioritization of initiatives should be based on an estimate of financial benefits that may be achieved

D.

A mandatory requirement should be reviewed to ensure that the planned change is cost effective

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Question # 14

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

A.

Evolution

B.

Big bang

C.

Ad hoc

D.

One version of the truth

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Question # 15

How does the identification of value drivers help an organization to prioritize change initiatives?

A.

By focusing on the external factors which drive and shape strategy

B.

By allowing a relative weighting to be applied to each driver identified

C.

By identifying the value of each of the benefits resulting from change

D.

By ensuring that all value drivers are specified as monetary values

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