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2014年10月22日星期三

MOPF Exam Cram, EX0-005 Exam Questions, EX0-007 Real Questions

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NO.1 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.2 Which is an example of a performance metric that can be used to assess the impact of
portfolio management?
A. Speed at which service is provided to customers from the point of first contact
B. Speed at which initiatives, aimed at improving customer service, progress through the
development pipeline
C. Speed at which customer complaints are dealt with from point of receipt through to resolution
D. Speed at which requests for change are assessed and responded to by individual projects and
programmes
Answer: C

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NO.3 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.4 Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the
key foundations on which effective portfolio management is based.
A. practices
B. principles
C. cycles
D. techniques
Answer: B

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NO.5 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.6 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.7 Which describes the relationship between business as usual and portfolio management?
A. Change the business, run the portfolio
B. Run the business, change the business
C. Change the business, change the portfolio
D. Run the business, run the portfolio
Answer: B

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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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2014年9月28日星期日

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NO.1 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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4. 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 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

NO.3 Which is a benefit of assessing the impact of portfolio management?
A. More of the'right' programmes and projects being undertaken
B. It can help demonstrate a compelling case for investment in portfolio management
C. The portfolio governance body comes to a collective decision on the composition of the portfolio
D. More informed decisions concerning the initiation and scheduling of initiatives
Answer: B

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NO.4 Which statement describes the purpose of the Portfolio Direction Group / Investment
Committee?
A. The role that is responsible for approving changes to the portfolio delivery practices
B. The governance body where decisions about inclusion of initiatives in the portfolio are made
C. The governance body responsible for monitoring portfolio progress and resolving issues that may
compromise delivery and benefits realization
D. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the
portfolio
Answer: A

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NO.5 Which of the following is a consequence of the portfolio definition cycle being managed well?
A. Resources are re-allocated when required resulting in the portfolio remaining strategically aligned
B. The portfolio governance body makes informed decisions on the composition of the portfolio
C. Initiatives will be started without considering their fit with the current portfolio
D. Resources, risks and dependencies will be efficiently and effectively managed
Answer: C

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6. Which of the following are main elements of the risk management practice?
1.Implementing standards which apply to all change initiatives 2.Collaborative working to facilitate
compliance with organizational standards 3.An effective escalation process 4.Champion-challenger
model
A. 1,2,3
B. 1,2,4
C. 1,3,4
D. 2,3,4
Answer: A

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7. Which is NOT a 'key to success' of an energized change culture?
A. A learning organization in which lessons learned are captured, disseminated and acted upon
B. Collaborative working including adapting the reward and recognition systems to reflect and
encourage desired corporate behaviours
C. A Portfolio Office that is appropriately skilled with an agreed mandate
D. Role descriptions clearly link personal objectives with strategic objectives
Answer: C

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8. What role is responsible for monitoring portfolio progress and resolving issues that may
compromise delivery and benefits realization?
A. Portfolio Benefits Manager
B. Portfolio Direction Group
C. Portfolio Progress Group
D. Portfolio Manager
Answer: C

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9. How does portfolio management support effective corporate governance?
A. Controls the major changes to business as usual
B. Clarifies responsibility and accountability for making decisions on which programmes and
projects will be funded
C. Ensures that the organization's change initiatives represent the optimal allocation of limited
resources
D. Provides a means by which the link between strategy and resource allocation can be maintained
Answer: D

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10. Which is one of the 5 portfolio management principles?
A. Portfolio delivery
B. Governance alignment
C. Categorize
D. Management by exception
Answer: B

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