106 Dumps To Pass Peoplecert Exam in 24 Hours - TrainingDump
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Peoplecert 106 Exam Syllabus Topics:
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NEW QUESTION 45
Which statement describes 'comfortable energy'?
- A. Staff are happy with the way things are
- B. Staff are keen on problem solving and identifying new initiatives
- C. Staff do only the minimum that is required
- D. Staff actively hinder change and innovation
Answer: B
NEW QUESTION 46
Which portfolio implementation approach is suitable where strategy is formulated by the top management and the environment is stable?
- A. Ad-hoc
- B. Big-bang
- C. Staged release of funds
- D. Agile
Answer: B
NEW QUESTION 47
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 less stable marketplace where strategy is formulated top-down
- C. In a stable marketplace where strategy is formulated top-down
- D. In a stable marketplace and where strategy is emergent
Answer: A
NEW QUESTION 48
Which is one of the keys to success of the portfolio management principle: strategy alignment?
- A. The portfolio is reviewed regularly
- B. Lessons learned are disseminated and acted upon
- C. Stakeholders understand how portfolio decisions are made
- D. Roles, responsibilities and accountabilities are clearly defined
Answer: A
NEW QUESTION 49
Which are responsibilities of portfolio management in terms of delivering initiatives that contribute to strategic objectives?
1. Development of delivery capability organization-wide
2. Management of limited resources
3. Effective dependency management across the portfolio
4. Delivery of change initiatives within the portfolio
- A. 1, 3, 4
- B. 1, 2, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: D
NEW QUESTION 50
What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?
- A. Portfolio definition cycle
- B. Portfolio delivery cycle
- C. Understand practice
- D. Strategy alignment principle
Answer: B
NEW QUESTION 51
Which is NOT a key requirement of a fully effective Portfolio Office?
- A. Possessing sufficient skill to produce timely and reliable analyses
- B. Reporting into the Business Change or Portfolio Director
- C. Being involved fully with programme and project management delivery
- D. Having sufficient status to be effective across the organization
Answer: C
NEW QUESTION 52
Fill in the blanks: Portfolio office members should NOT have the responsibility of _____.
- A. Actively participating in creating an energetic culture in project teams.
- B. Championing the portfolio within the organisation
- C. Approving the portfolio strategy and delivery plan
- D. Direct delivery of projects and programmes
Answer: D
NEW QUESTION 53
Which is the purpose of the understand practice?
- A. To obtain a clear understanding of what is in the current portfolio and development pipeline, including forecast costs, benefits and risks
- B. To monitor progress against the Portfolio Delivery Plan
- C. To answer the question as to which initiatives the organization should invest in
- D. To ensure a portfolio is balanced, taking into account coverage of all strategic objectives and impact across the business
Answer: A
NEW QUESTION 54
Which is NOT a 'key to success' of the balance practice?
- A. Algorithms and investment rules may guide decision-making
- B. Findings may be presented in a graphical format
- C. The portfolio governance body should understand its role in balancing the portfolio
- D. Balancing follows preparation of the Portfolio Strategy and Delivery Plan
Answer: C
NEW QUESTION 55
Which statement about 'decision conferencing' is FALSE?
- A. A facilitator can help to ensure that a consensus is reached
- B. The Board approve a prioritized listing developed by the Portfolio Office
- C. Senior management debate and agree the scores/ratings for each initiative
- D. It can result in greater commitment by senior management to the portfolio
Answer: B
NEW QUESTION 56
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, 3
- C. 1, 2, 4
- D. 2, 3, 4
Answer: C
NEW QUESTION 57
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. Real estate and Property services
- D. Resource management
Answer: D
NEW QUESTION 58
Portfolio management needs to coordinate with which of the following functions to ensure strategic objectives are achieved?
- A. Business as Usual (BAU)
- B. Benefits Management
- C. Performance Management
- D. Risk Management
Answer: C
NEW QUESTION 59
Which of the following is a main element of the financial management practice?
- A. Consideration of financial liabilities arising from performance and guarantee bonds
- B. Categorization of benefits as cashable and non-cashable
- C. Application of staged release funding linked to stage/phase gates
- D. Sub-portfolios are periodically reviewed
Answer: B
NEW QUESTION 60
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 definition cycle
- D. portfolio delivery cycle
Answer: B
NEW QUESTION 61
Which is a main element of the benefits management practice?
- A. Present findings creatively
- B. Feeding lessons learned from post-implementation reviews back into forecasting
- C. Defined processes recorded in the Portfolio Management Framework
- D. A shared vision of what the portfolio is designed to achieve
Answer: B
NEW QUESTION 62
What has as its purpose - to collate key information for senior management on those change initiatives that will deliver the greatest contribution to the strategic objectives?
- A. Management control practice
- B. Portfolio delivery cycle
- C. Portfolio definition cycle
- D. Portfolio management principles
Answer: C
NEW QUESTION 63
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 who is responsible for realizing benefits and how their performance will be assessed
- B. By explaining when the impacts of change initiatives will be observed and how they will be measured
- C. By explaining which programme will deliver the change and how it is being monitored
- D. By explaining which projects will deliver the change and how they are being monitored
Answer: C
NEW QUESTION 64
Which of the following is a part of the Senior Management Commitment principle in MoP?
- A. Championing the portfolio and explaining the reasons behind decisions to staff members
- B. Creating an employee engagement strategy with the portfolio
- C. Ensuring that changes which affect certain departments are not stopped
- D. Connecting project and programme business cases with the organizational strategy
Answer: A
NEW QUESTION 65
Which is NOT one of the three broad approaches to implementing portfolio management?
- A. Evolution
- B. Ad hoc
- C. Big bang
- D. One version of the truth
Answer: C
NEW QUESTION 66
Which of the following refers to use of the 'management by exception' technique?
- A. Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
- B. Specifying points at which reviews of initiatives are linked to funding release
- C. Reporting via the documented route and schedule
- D. Referring variances from plan that exceed control limits to the portfolio governance body
Answer: A
NEW QUESTION 67
Which is a portfolio definition practice?
- A. Resource management
- B. Understand
- C. Reference class forecasting
- D. Governance alignment
Answer: D
NEW QUESTION 68
Which statement about the prioritize practice is true?
- A. Mandatory changes (e.g. legal requirements) do not need to be included in the prioritization exercise
- B. The Portfolio Office should approve the prioritized list of changes before presentation to management boards
- C. Stakeholders should be able to see evidence that all changes have been assessed fairly and consistently
- D. Investment criteria used should be the same for each segment of the portfolio
Answer: C
NEW QUESTION 69
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