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MOPF Questions and Answers

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MOPF Questions and Answers

Question # 6

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 # 7

Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?

A.

By explaining when the impacts of change initiatives will be observed and how they will be measured

B.

By explaining which projects will deliver the change and how they are being monitored

C.

By explaining which programme will deliver the change and how it is being monitored

D.

By explaining who is responsible for realizing benefits and how their performance will be assessed

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Question # 8

Which portfolio definition practice checks prioritized change initiatives against factors such as: timing; coverage of all strategic objectives; impact across the business etc?

A.

Prioritize

B.

Plan

C.

Categorize

D.

Balance

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Question # 9

Which portfolio management document contains key dependencies?

A.

Portfolio Benefits Management Framework

B.

Portfolio Stakeholder Engagement and Communications Plan

C.

Portfolio Delivery Plan

D.

Portfolio Resource Schedule

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Question # 10

In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?

A.

In a stable marketplace and where strategy is emergent

B.

In a stable marketplace where strategy is formulated top-down

C.

In a less stable marketplace where strategy is formulated top-down

D.

In a less stable marketplace where strategy is emergent

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Question # 11

Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.

A.

are a relatively simple matter

B.

are a non-critical part of the project plan

C.

are not always immediately obvious

D.

do not need to be summarised in a portfolio dashboard report

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Question # 12

Which is NOT a 'key to success' of an energized change culture?

A.

A learning organization in which lessons learned are captured, disseminated and acted upon

B.

Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours

C.

A Portfolio Office that is appropriately skilled with an agreed mandate

D.

Role descriptions clearly link personal objectives with strategic objectives

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Question # 13

Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?

A.

Endorsing the decisions the Portfolio Office make about the composition of the portfolio

B.

Ensuring the Portfolio Manager champions the implementation of Portfolio Management

C.

Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy

D.

Prioritizing the portfolio on the basis of resource availability

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Question # 14

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 # 15

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.

1, 2, 3

B.

1, 2, 4

C.

1, 3, 4

D.

2, 3, 4

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