PC0-005 Exam Training Practice Tests (Peoplecert PeopleCert Management of Portfolio Foundation)]

Question 1

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

A. Introduce completely new processes rather than build on existing organizational processes B. Adopt an incremental rather than a big bang approach C. Use the most sophisticated software solution available D. Align reward and recognition processes to departmental or functional performance

Correct Answer: D

Question 2

Which is a portfolio definition practice?

A. Multi-criteria analysis B. Benefits management C. Strategy alignment D. Categorize

Correct Answer: D

Question 3

Which is a main element of the benefits management practice?

A. Defined processes recorded in the Portfolio Management Framework B. Present findings creatively C. Feeding lessons learned from post-implementation reviews back into forecasting D. A shared vision of what the portfolio is designed to achieve

Correct Answer: C

Question 4

Which is an example of a performance metric that can be used to assess the impact of portfolio management?

A. Speed at which requests for change are assessed and responded to by individual projects and programmes B. Speed at which service is provided to customers from the point of first contact C. Speed at which initiatives, aimed at improving customer service, progress through the development pipeline D. Speed at which customer complaints are dealt with from point of receipt through to resolution

Correct Answer: D

Question 5

Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?

A. Communications B. Budgeting and resource allocation C. Real estate and Property services D. Resource management

Correct Answer: D

Question 6

Which is NOT a 'key to success' of the financial management practice?

A. Alignment of the portfolio and financial reporting cycles B. Staged release of funding C. Post-implementation reviews D. Regular reporting of progress against plan

Correct Answer: C

Question 7

Which is a result of an effectively managed portfolio delivery cycle?

A. Change initiatives are planned in detail B. Improved delivery on time and to budget C. There is clarity on the high level scope of potential change initiatives D. The portfolio governance body makes informed decisions on the composition of the portfolio

Correct Answer: B

Question 8

Which is NOT one of the three broad approaches to implementing portfolio management?

A. Big bang B. Ad hoc C. One version of the truth D. Evolution

Correct Answer: A

Question 9

Which is one of the keys to success of the portfolio management principle: strategy alignment?

A. Roles, responsibilities and accountabilities are clearly defined B. The portfolio is reviewed regularly C. Lessons learned are disseminated and acted upon D. Stakeholders understand how portfolio decisions are made

Correct Answer: B

Question 10

Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.

A. are not always immediately obvious B. are a relatively simple matter C. do not need to be summarised in a portfolio dashboard report D. are a non-critical part of the project plan

Correct Answer: A

Peoplecert PeopleCert Management of Portfolio Foundation - PC0-005 Exam Practice Test