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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which of the following is a main element of the management control practice?

A) Collaborative working between the Portfolio Office and the organizations communications experts
B) Guidance and templates for business case preparation
C) Tailored investment criteria
D) A consistent approach to benefits categorization

2. Which is a main element of the risk management practice?

A) Adoption of the champion-challenger' model
B) Introduction of a summary investment appraisal template
C) Implementation of an effective escalation path to the relevant portfolio governance body
D) Preparation of a Portfolio Management Framework

3. Which is a main element in the stakeholder engagement practice?

A) Ensuring that key stakeholders have a clear and shared understanding of the governance process
B) Applying the champion-challenger' model
C) Matching demand and supply of constrained resources
D) Checking the ranked list of strategic changes for impact across the business

4. How does portfolio management enable the most effective balance of organizational change and business as usual?
1.ensure change initiatives are agreed at the appropriate management level
2.prioritize change initiatives in line with strategic objectives
3.review change initiatives regularly in terms of progress, cost, risk, benefits and strategic contribution
4.cancel change initiatives if other initiatives appear with a better predicted return

A) 1, 2, 3
B) 2,3,4
C) 1,3,4
D) 1,2,4

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

A) The management board agree the high-level objectives for the portfolio
B) Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness
C) Releasing funding for change initiatives as they complete each stage gate
D) Introduction of standard forms for estimating the programme and project staff required on initiatives

Solutions: