Peoplecert PeopleCert Management of Portfolio Foundation - PC0-005 Exam Practice Test

A. Portfolio definition cycle

B. Portfolio management principles

C. Management control practice

D. Portfolio delivery cycle

A. To monitor progress against the Portfolio Delivery Plan

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

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

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

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

A. 1, 3, 4

B. 1, 2, 3

C. 2, 3, 4

D. 1, 2, 4

A. 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

B. An approach, or line to take, designed to achieve a long-term aim

C. Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned

D. A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual

A. Resources, risks and dependencies will be efficiently and effectively managed

B. Resources are re-allocated when required resulting in the portfolio remaining strategically aligned

C. Initiatives will be started without considering their fit with the current portfolio

D. The portfolio governance body makes informed decisions on the composition of the portfolio

A. To identify change initiatives required to close the gap between current and target performance

B. To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.

C. To identify resource requirements for business as usual against those required to deliver strategic changes

D. To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives

A. Speed at which service is provided to customers from the point of first contact

B. Speed at which requests for change are assessed and responded to by individual projects and programmes

C. Speed at which initiatives, aimed at improving customer service, progress through the development pipeline

D. Speed at which customer complaints are dealt with from point of receipt through to resolution

A. Portfolio Dashboard

B. Portfolio Benefits Management Framework

C. Portfolio Management Framework

D. Portfolio Benefits Realization Plan

A. Create the baseline information to be input into the resource schedule

B. Provide an overview of the portfolio linked to the strategic planning cycle

C. Document the short term view of what the portfolio is to achieve

D. Promote discussion of any potential conflict between departmental and shared goals