MOPF by EXIN Actual Free Exam Questions And Answers

Question 1

Which portfolio delivery practice ensures clarity about what decisions are made, where, when, and what criteria are used?

A. Benefits management

B. Organizational governance

C. Management control

D. Resource management

Discussion 0

Correct Answer: B Vote an answer

Question 2

Identify the missing words in the following sentence. A purpose of the Portfolio Benefits
Realization Plan is to provide [?] against which to assess the benefits actually realized.

A. a standard

B. a gap analysis

C. a baseline

D. a strategy

Discussion 0

Correct Answer: C Vote an answer

Question 3

Which illustrates a 'key to success' for the balance practice?

A. Use algorithms and investment rules to guide decision making

B. Use financial investment criteria, such as NPV

C. Use categorization to assess alignment to strategic objectives

D. Clearly defining the scope of the portfolio and what constitutes a project

Discussion 0

Correct Answer: A Vote an answer

Question 4

What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

A. Portfolio Management Framework

B. Portfolio Delivery Plan

C. Portfolio Resource Schedule

D. Portfolio Strategy

Discussion 0

Correct Answer: B Vote an answer

Question 5

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

A. Staged release of funding

B. Regular reporting of progress against plan

C. Post-implementation reviews

D. Alignment of the portfolio and financial reporting cycles

Discussion 0

Correct Answer: C Vote an answer

Question 6

Which of the following refers to use of the 'management by exception' technique?

A. Specifying points at which reviews of initiatives are linked to funding release

B. Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization

C. Reporting via the documented route and schedule

D. Referring variances from plan that exceed control limits to the portfolio governance body

Discussion 0

Correct Answer: B Vote an answer

Question 7

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 a relatively simple matter

B. are not always immediately obvious

C. are a non-critical part of the project plan

D. do not need to be summarised in a portfolio dashboard report

Discussion 0

Correct Answer: B Vote an answer

Question 8

Which is a benefit of portfolio management?

A. Enables best management practices such as PRINCE2 and MSP to be mandated

B. Detailed approaches are prescribed that are applicable to most organizations

C. Justifies the application of sophisticated software tools

D. Enables more efficient resource utilization

Discussion 0

Correct Answer: D Vote an answer

Question 9

Which questions are addressed by portfolio management as part of strategic planning?
1.Are the programmes and projects in the portfolio necessary?
2.Is the portfolio together with business as usual activities sufficient to achieve the strategic objectives?
3.Where in business as usual will the objectives be achieved?
4.Is the portfolio affordable?

A. 1, 3, 4

B. 1, 2, 3

C. 2, 3, 4

D. 1, 2, 4

Discussion 0

Correct Answer: D Vote an answer

Question 10

Which is NOT a key requirement of a fully effective Portfolio Office?

A. Having sufficient status to be effective across the organization

B. Being involved fully with programme and project management delivery

C. Reporting into the Business Change or Portfolio Director

D. Possessing sufficient skill to produce timely and reliable analyses

Discussion 0

Correct Answer: B Vote an answer

EXIN Management of Portfolio® Foundation - MOPF Exam Practice Test

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