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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following refers to use of the 'management by exception' technique?

A) Reporting via the documented route and schedule
B) Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
C) Specifying points at which reviews of initiatives are linked to funding release
D) Referring variances from plan that exceed control limits to the portfolio governance body

2. Which statement about the prioritize practice is true?

A) The Portfolio Office should approve the prioritized list of changes before presentation to management boards
B) Investment criteria used should be the same for each segment of the portfolio
C) Mandatory changes (e.g. legal requirements) do not need to be included in the prioritization exercise
D) Stakeholders should be able to see evidence that all changes have been assessed fairly and consistently

3. Why is it sometimes helpful to break down portfolio categories or segments into subcategories?

A) To ensure business cases are prepared on a consistent basis
B) To evaluate the benefits expected from each change initiative
C) To produce a ranked list of strategic changes, taking into account impact across the business
D) To assess the contribution of initiatives by expressing strategic objectives in greater detail

4. Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?

A) Budgeting and resource allocation
B) Communications
C) Resource management
D) Real estate and Property services

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

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

Solutions: