[Feb 08, 2022] Get to the Top with 106 Practice Exam Questions [Q24-Q43]

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[Feb 08, 2022] Get to the Top with 106 Practice Exam Questions

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Peoplecert 106 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Programme Management
Topic 2
  • Management Boards
Topic 3
  • Business Change and Benefits Management
Topic 4
  • Project Management

 

NEW QUESTION 24
Which of the following is a benefit of a well-managed portfolio definition cycle?

  • A. Motivating people to deliver shared goals
  • B. Creating a standard template for businesses cases for all change initiatives within the portfolio
  • C. Improved delivery times and improved budgetary performance of projects within the portfolio
  • D. Allocating a priority to each change initiative through single-criteria analysis or multi-criteria analysis

Answer: C

 

NEW QUESTION 25
Which describes the relationship between business as usual and portfolio management?

  • A. Run the business, run the portfolio
  • B. Change the business, run the portfolio
  • C. Change the business, change the portfolio
  • D. Run the business, change the business

Answer: D

 

NEW QUESTION 26
Which is the purpose of the understand practice?

  • A. To answer the question as to which initiatives the organization should invest in
  • B. To ensure a portfolio is balanced, taking into account coverage of all strategic objectives and impact across the business
  • C. To monitor progress against the Portfolio Delivery Plan
  • D. To obtain a clear understanding of what is in the current portfolio and development pipeline, including forecast costs, benefits and risks

Answer: D

 

NEW QUESTION 27
Which statement about multi-level portfolios is true?

  • A. There should be clearly defined rules for delegation
  • B. Management of sub-portfolios is independent of the portfolio governance body
  • C. Investment decisions are only reviewed at corporate level
  • D. All current and planned change initiatives must be included in one of the sub-portfolios

Answer: D

 

NEW QUESTION 28
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. Strategy alignment principle
  • B. Portfolio delivery cycle
  • C. Portfolio definition cycle
  • D. Understand practice

Answer: B

 

NEW QUESTION 29
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. 1, 3, 4
  • C. 1, 2, 4
  • D. 2, 3, 4

Answer: D

 

NEW QUESTION 30
Which is a way of sustaining progress in the implementation of portfolio management?

  • A. Adopt a big bang approach rather than an incremental or staged approach
  • B. Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses
  • 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 31
Which is a role of portfolio management in relation to programme and project management?

  • A. To provide mechanisms for risk management within programmes and projects
  • B. To provide mechanisms for dependency management within projects
  • C. To provide mechanisms for delivering individual change initiatives into business as usual
  • D. To provide mechanisms for management of limited resources

Answer: C

 

NEW QUESTION 32
Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?

  • A. Ensuring the Portfolio Manager champions the implementation of Portfolio Management
  • B. Prioritizing the portfolio on the basis of resource availability
  • C. Endorsing the decisions the Portfolio Office make about the composition of the portfolio
  • D. Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy

Answer: D

 

NEW QUESTION 33
Which is a purpose of the categorize practice?

  • A. To ensure that every change initiative falls into a category that directly contributes to strategic objectives
  • B. To obtain a clear and transparent view of what is in the development pipeline
  • C. To enable effective decision-making on the optimum use of funding and other resources
  • D. To ensure that every category contains at least one change initiative

Answer: C

 

NEW QUESTION 34
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, 2, 3
  • B. 2, 3, 4
  • C. 1, 3, 4
  • D. 1, 2, 4

Answer: D

 

NEW QUESTION 35
What role is responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization?

  • A. Portfolio Benefits Manager
  • B. Portfolio Direction Group
  • C. Portfolio Progress Group
  • D. Portfolio Manager

Answer: C

 

NEW QUESTION 36
What has as its purpose: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

  • A. Portfolio delivery cycle
  • B. Resource management
  • C. Portfolio definition cycle
  • D. Portfolio management

Answer: A

 

NEW QUESTION 37
What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

  • A. Portfolio Management Framework
  • B. Portfolio Delivery Plan
  • C. Portfolio Resource Schedule
  • D. Portfolio Strategy

Answer: B

 

NEW QUESTION 38
What term describes portfolio delivery in the context of MoP?

  • A. cycle
  • B. technique
  • C. principle
  • D. practice

Answer: B

 

NEW QUESTION 39
Which is a benefit of portfolio management?

  • A. Enables more efficient resource utilization
  • B. Justifies the application of sophisticated software tools
  • C. Detailed approaches are prescribed that are applicable to most organizations
  • D. Enables best management practices such as PRINCE2 and MSP to be mandated

Answer: A

 

NEW QUESTION 40
Identify the missing words in the following sentence. A purpose of the Portfolio Benefits Realization Plan is to provide [?] against which to assess the benefits actually realized.

  • A. a standard
  • B. a gap analysis
  • C. a baseline
  • D. a strategy

Answer: C

 

NEW QUESTION 41
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 42
If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?

  • A. Ensure that sub-portfolios remain consistent with the organizational level portfolio
  • B. Ensure that there is a common understanding of the portfolio governance framework
  • C. Assess whether corporate-level capacity planning is managed effectively
  • D. Monitor the risk that the portfolio governance body is overwhelmed with data

Answer: A

 

NEW QUESTION 43
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