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EXIN Management of Portfolio® Foundation Sample Questions:

1. What is the definition of portfolio management?

A) Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
B) An approach, or line to take, designed to achieve a long-term aim
C) A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
D) Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business

2. Which describes the full scope of portfolio management?

A) 'Doing the right things' and 'doing things right' at an individual initiative level
B) Deciding where to invest - 'doing the right things'
C) 'Doing the right things' and 'doing things right' at a collective level
D) Ensuring successful initiative delivery - doing things right'

3. Which of the following is a consequence of the portfolio definition cycle being managed well?

A) Initiatives will be started without considering their fit with the current portfolio
B) Resources are re-allocated when required resulting in the portfolio remaining strategically aligned
C) Resources, risks and dependencies will be efficiently and effectively managed
D) The portfolio governance body makes informed decisions on the composition of the portfolio

4. Which is one of the 5 portfolio management principles?

A) Management by exception
B) Categorize
C) Portfolio delivery
D) Governance alignment

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

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

Solutions: