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Exam Code: MOPFExam Name: Management of Portfolio® Foundation
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Exam Code: EX0-002Exam Name: PRINCE2 Foundation - Exam
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Exam Code: EX0-005Exam Name: Management of Portfolio® Foundation
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NO.1 Which is a main element in the resource management practice?
A. Understanding the demand for constrained resources
B. Motivating people to commit to the delivery of shared goals
C. Scheduling portfolio initiatives to avoid adversely impacting operational performance
D. Emphasising the need to operate as one team
Answer: A
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NO.2 Which of the following is a main element of the financial management practice?
A. Application of staged release funding linked to stage/phase gates
B. Categorization of benefits as cashable and non-cashable
C. Consideration of financial liabilities arising from performance and guarantee bonds
D. Sub-portfolios are periodically reviewed
Answer: B
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NO.3 How do portfolio and performance management coordinate to deliver strategic objectives?
1.Utilise the expertise of the performance management function in designing portfolio performance
metrics
2.Deliver change initiatives that contribute to strategic objectives
3.Incorporate the anticipated impact of the portfolio in performance targets
4.Ensure the performance management function are engaged at an early point in the development
of business cases
A. 1, 2, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2, 3, 4
Answer: C
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NO.4 Which is an objective of portfolio management?
A. To ensure the portfolio contains all business change within the organization
B. To actively manage the deployment of project and programme staff
C. To ensure the collection of change initiatives is sufficient to achieve the required strategic
contribution
D. To ensure a single set of investment criteria are applied to all change initiatives
Answer: D
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NO.5 Which statement about multi-level portfolios is true?
A. There should be clearly defined rules for delegation
B. Investment decisions are only reviewed at corporate level
C. Management of sub-portfolios is independent of the portfolio governance body
D. All current and planned change initiatives must be included in one of the sub-portfolios
Answer: D
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NO.6 Which is a main element of the risk management practice?
A. Adoption of the champion-challenger' model
B. Introduction of a summary investment appraisal template
C. Preparation of a Portfolio Management Framework
D. Implementation of an effective escalation path to the relevant portfolio governance body
Answer: D
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NO.7 Which describes the full scope of portfolio management?
A. Deciding where to invest - 'doing the right things'
B. Ensuring successful initiative delivery - doing things right'
C. 'Doing the right things' and 'doing things right' at a collective level
D. 'Doing the right things' and 'doing things right' at an individual initiative level
Answer: C
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NO.8 Which of the following refers to the 'one version of the truth' technique?
A. Referring variances beyond control limit from plan to the portfolio governance body
B. Reporting via a documented route and schedule
C. Specifying points at which reviews of initiatives are linked to funding release
D. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
Answer: B
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