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EXIN Management of Portfolio® Foundation Sample Questions:

1. Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

A) Portfolio management runs the business; BAU changes the business
B) Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management
C) Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements
D) Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented

2. Which is NOT an acceptable approach to budgeting in the context of portfolio management?

A) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
B) Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives
C) Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
D) Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit

3. Which statement describes'comfortable energy'?

A) Staff are keen on problem solving and identifying new initiatives
B) Staff actively hinder change and innovation
C) Staff are happy with the way things are
D) Staff do only the minimum that is required

4. Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.

A) principles
B) practices
C) cycles
D) techniques

5. Which describes a'key to success' of the resource management practice?

A) Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness
B) Introduction of standard forms for estimating the programme and project staff required on initiatives
C) The management board agree the high-level objectives for the portfolio
D) Releasing funding for change initiatives as they complete each stage gate

Solutions: