MoP® Foundation (106) Free Practice Test

Question 1

What role is responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization?

A. Portfolio Progress Group

B. Portfolio Direction Group

C. Portfolio Manager

D. Portfolio Benefits Manager

Correct Answer: A

Question 2

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

C. Ensuring the Portfolio Manager champions the implementation of Portfolio Management

D. Prioritizing the portfolio on the basis of resource availability

Correct Answer: B

Question 3

What affects how the MoP principles and practices are adapted by an organization?

A. The organization's decision-making standards and processes

B. The organization's experience in the use of relevant IT solutions

C. The organization's use of sophisticated approaches

D. The organization's operational targets

Correct Answer: A

Question 4

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, 3, 4

B. 1, 2, 4

C. 2, 3, 4

D. 1, 2, 3

Correct Answer: B

Question 5

Which is NOT an acceptable approach to budgeting in the context of portfolio management?

A. Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit

B. Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units

C. Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives

D. Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit

Correct Answer: A

Question 6

Which questions are addressed by portfolio management as part of strategic planning?
1. Are the programmes and projects in the portfolio necessary?
2. Is the portfolio together with business as usual activities
sufficient to achieve the strategic objectives?
3. Where in business as usual will the objectives be achieved?
4. Is the portfolio affordable?

A. 1, 3, 4

B. 1, 2, 4

C. 2, 3, 4

D. 1, 2, 3

Correct Answer: B

Question 7

Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

A. Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements

B. Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management

C. Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented

D. Portfolio management runs the business; BAU changes the business

Correct Answer: C

Question 8

Which statement describes 'comfortable energy'?

A. Staff are happy with the way things are

B. Staff actively hinder change and innovation

C. Staff are keen on problem solving and identifying new initiatives

D. Staff do only the minimum that is required

Correct Answer: C

Question 9

Portfolio management needs to coordinate with which of the following functions to ensure strategic objectives are achieved?

A. Performance Management

B. Benefits Management

C. Business as Usual (BAU)

D. Risk Management

Correct Answer: A

Question 10

Which statement about multi-level portfolios is true?

A. Investment decisions are only reviewed at corporate level

B. There should be clearly defined rules for delegation

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

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

Correct Answer: C

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