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Peoplecert 106 Exam Syllabus Topics:
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NEW QUESTION 38
Which is a portfolio delivery practice?
- A. Categorize
- B. Financial management
- C. Governance alignment
- D. Staged release of funding
Answer: C
NEW QUESTION 39
If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?
- A. Assess whether corporate-level capacity planning is managed effectively
- B. Monitor the risk that the portfolio governance body is overwhelmed with data
- C. Ensure that sub-portfolios remain consistent with the organizational level portfolio
- D. Ensure that there is a common understanding of the portfolio governance framework
Answer: C
NEW QUESTION 40
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, 3
- C. 1, 2, 4
- D. 2, 3, 4
Answer: B
NEW QUESTION 41
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. 1, 2, 3
- D. 2, 3, 4
Answer: B
NEW QUESTION 42
Which are benefits of assessing the impact of portfolio management?
1. It can help demonstrate a compelling case for investment in
portfolio management
2. It helps in the on-going development of more effective portfolio
management practices
3. It enables more effective implementation of programmes and projects
via management of the project development pipeline, dependencies, and
constraints
4. The process of measurement can help ensure success - reflecting the
management expression, what gets measured gets done?
- A. 1, 3, 4
- B. 1, 2, 4
- C. 1, 2, 3
- D. 2, 3, 4
Answer: B
NEW QUESTION 43
Which is NOT a 'key to success' of the financial management practice?
- A. Post-implementation reviews
- B. Alignment of the portfolio and financial reporting cycles
- C. Staged release of funding
- D. Regular reporting of progress against plan
Answer: A
NEW QUESTION 44
Which is a way of sustaining progress in the implementation of portfolio management?
- A. Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses
- B. Adopt a big bang approach rather than an incremental or staged approach
- C. Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes
- D. Align reward and recognition processes for senior management to appropriate behaviours
Answer: D
NEW QUESTION 45
Which documents are key outputs of the portfolio definition cycle?
- A. Portfolio Benefits Management Framework and Portfolio Benefits Realization Plan
- B. Portfolio Management Framework and Portfolio Delivery Plan
- C. Portfolio Strategy and Portfolio Delivery Plan
- D. Portfolio Strategy and Portfolio Resource Schedule
Answer: C
NEW QUESTION 46
Which is a 'key to success' of the senior management commitment principle?
- A. Accountabilities for members of management boards will be defined by the Portfolio Office
- B. The Portfolio Strategy includes a compelling vision for the portfolio
- C. At least half of the management board must champion the implementation of portfolio management
- D. Senior managers' personal objectives are independent of the success of changes within the portfolio
Answer: A
NEW QUESTION 47
What term describes portfolio delivery in the context of MoP?
- A. technique
- B. principle
- C. cycle
- D. practice
Answer: A
NEW QUESTION 48
Which portfolio management document contains key dependencies?
- A. Portfolio Delivery Plan
- B. Portfolio Benefits Management Framework
- C. Portfolio Stakeholder Engagement and Communications Plan
- D. Portfolio Resource Schedule
Answer: A
NEW QUESTION 49
Which statement about multi-level portfolios is true?
- A. There should be clearly defined rules for delegation
- B. All current and planned change initiatives must be included in one of the sub-portfolios
- C. Management of sub-portfolios is independent of the portfolio governance body
- D. Investment decisions are only reviewed at corporate level
Answer: B
NEW QUESTION 50
What is an objective of performing a gap analysis during the understand practice?
- A. To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
- B. To identify change initiatives required to close the gap between current and target performance
- C. To identify resource requirements for business as usual against those required to deliver strategic changes
- D. To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.
Answer: A
NEW QUESTION 51
Which is a portfolio delivery practice?
- A. Energized change culture
- B. Balance
- C. Management by exception
- D. Risk management
Answer: D
NEW QUESTION 52
Which of the following is a benefit of a well-managed portfolio definition cycle?
- A. Motivating people to deliver shared goals
- B. Allocating a priority to each change initiative through single-criteria analysis or multi-criteria analysis
- C. Creating a standard template for businesses cases for all change initiatives within the portfolio
- D. Improved delivery times and improved budgetary performance of projects within the portfolio
Answer: D
NEW QUESTION 53
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, 3, 4
- B. 1, 2, 4
- C. 1, 2, 3
- D. 2, 3, 4
Answer: D
NEW QUESTION 54
Which describes a 'key to success' of the resource management practice?
- A. Introduction of standard forms for estimating the programme and project staff required on initiatives
- B. The management board agree the high-level objectives for the portfolio
- C. Releasing funding for change initiatives as they complete each stage gate
- D. Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness
Answer: A
NEW QUESTION 55
Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
- A. The governance body where decisions about inclusion of initiatives in the portfolio are made
- B. The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
- C. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
- D. The role that is responsible for approving changes to the portfolio delivery practices
Answer: D
NEW QUESTION 56
Which is a benefit of portfolio management?
- A. Detailed approaches are prescribed that are applicable to most organizations
- B. Enables best management practices such as PRINCE2 and MSP to be mandated
- C. Justifies the application of sophisticated software tools
- D. Enables more efficient resource utilization
Answer: D
NEW QUESTION 57
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