MOPF Online Practice Questions and Answers

Which is a solution to the dependency management challenge 'how to present complex information in an easily understandable form'?

A. Organize a workshop to identify key dependencies

B. Highlight key dependencies on the portfolio schedule

C. Organize sessions for initiatives to agree potential dependencies

D. Modify a version of the prioritization practice to focus on dependencies

Which describes a 'key to success' of the resource management practice?

A. Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness

B. Releasing funding for change initiatives as they complete each stage gate

C. The management board agree the high-level objectives for the portfolio

D. Introduction of standard forms for estimating the programme and project staff required on initiatives

Which is a portfolio delivery practice?

A. Categorize

B. Financial management

C. Staged release of funding

D. Governance alignment

Which is a purpose of the categorize practice?

A. To obtain a clear and transparent view of what is in the development pipeline

B. To enable effective decision-making on the optimum use of funding and other resources

C. To ensure that every change initiative falls into a category that directly contributes to strategic objectives

D. To ensure that every category contains at least one change initiative

Which is a portfolio definition practice?

A. Governance alignment

B. Reference class forecasting

C. Understand

D. Resource management

Which of the following is a consequence of the portfolio definition cycle being managed well?

A. Resources are re-allocated when required resulting in the portfolio remaining strategically aligned

B. The portfolio governance body makes informed decisions on the composition of the portfolio

C. Initiatives will be started without considering their fit with the current portfolio

D. Resources, risks and dependencies will be efficiently and effectively managed

Which is one of the keys to success of the portfolio management principle: strategy alignment?

A. The portfolio is reviewed regularly

B. Roles, responsibilities and accountabilities are clearly defined

C. Lessons learned are disseminated and acted upon

D. Stakeholders understand how portfolio decisions are made

Which is a 'key to success' for the plan practice?

A. The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio Strategy

B. The resulting documentation provides a clear line of sight'

C. The Portfolio Strategy provides the baseline information against which progress can be monitored

D. The content of the Portfolio Strategy is best communicated by means of tables and graphs

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. 1, 2, 3

B. 1, 2, 4

C. 1, 3, 4

D. 2, 3, 4

Which is one of the 5 portfolio management principles?

A. Portfolio delivery

B. Governance alignment

C. Categorize

D. Management by exception