Free MOPF – Management of Portfolio® Foundation Practice Test Question

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  Understanding the demand for constrained resources

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  Motivating people to commit to the delivery of shared goals

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  Scheduling portfolio initiatives to avoid adversely impacting operational performance

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  Emphasising the need to operate as one team
  

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  Balance

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  Energized change culture

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  Management by exception

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  Risk management
  

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  Clear arrangements for benefits tracking

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  A portfolio-level Benefits Realization Plan

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  Inclusion of re-appraisal of benefits in portfolio-level reviews

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  Demonstrable senior management commitment
  

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  1, 2, 3

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  1, 2, 4

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  1, 3, 4

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  2, 3, 4
  

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  To evaluate the benefits expected from each change initiative

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  To produce a ranked list of strategic changes, taking into account impact across the business

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  To assess the contribution of initiatives by expressing strategic objectives in greater detail

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  To ensure business cases are prepared on a consistent basis
  

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  1, 2, 3

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  1, 2, 4

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  1, 3, 4

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  2, 3, 4
  

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  To obtain a clear understanding of what is in the current portfolio and development pipeline, including forecast costs, benefits and risks

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  To answer the question as to which initiatives the organization should invest in

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  To ensure a portfolio is balanced, taking into account coverage of all strategic objectives and impact across the business

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  To monitor progress against the Portfolio Delivery Plan
  

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  There should be clearly defined rules for delegation

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  Investment decisions are only reviewed at corporate level

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  Management of sub-portfolios is independent of the portfolio governance body

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  All current and planned change initiatives must be included in one of the sub-portfolios
  

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  Investment criteria used should be the same for each segment of the portfolio

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  The Portfolio Office should approve the prioritized list of changes before presentation to management boards

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  Mandatory changes (e.g. legal requirements) do not need to be included in the prioritization exercise

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  Stakeholders should be able to see evidence that all changes have been assessed fairly and consistently
  

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  The role that is responsible for approving changes to the portfolio delivery practices

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  The governance body where decisions about inclusion of initiatives in the portfolio are made

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  The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization

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  Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio