Last Updated: Jun 10, 2026
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1. Identify the missing word in the definition of portfolio management. A coordinated collection of [ ? ] processes and decisions that together enable the most effective balance of organizational change and business as usual.
A) strategic
B) delivery
C) business
D) programme
2. What does portfolio management provide strategic planning with?
A) Analysis of the environment within which strategy is developed
B) Setting the context within which strategic planning operates
C) Setting of strategic objectives and confirmation of any changes
D) Momentum and energy for strategy development based on effective delivery of change
3. 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 content of the Portfolio Strategy is best communicated by means of tables and graphs
C) The resulting documentation provides a clear line of sight'
D) The Portfolio Strategy provides the baseline information against which progress can be monitored
4. Which of the following refers to the 'one version of the truth' technique?
A) Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
B) Reporting via a documented route and schedule
C) Referring variances beyond control limit from plan to the portfolio governance body
D) Specifying points at which reviews of initiatives are linked to funding release
5. In which circumstance would the'evolutionary' approach to implementation of portfolio management be MOST appropriate?
A) In a less stable marketplace where strategy is emergent
B) In a stable marketplace and where strategy is emergent
C) In a less stable marketplace where strategy is formulated top-down
D) In a stable marketplace where strategy is formulated top-down
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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