Read Online 106 Test Practice Test Questions Exam Dumps [Q60-Q78]

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Read Online 106 Test Practice Test Questions Exam Dumps

Easily To Pass New 106 Premium Exam Updated [Aug 19, 2022]

NO.60 Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

Portfolio management runs the business; BAU changes the business

Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements

Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented

Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management

NO.61 Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1. It helps to ensure that a consistent approach is applied across the
portfolio
2. It prepares the Portfolio Strategy and Delivery Plan
3. It is a temporary structure set up to assist with the delivery of
change
4. It provides assurance to senior management on effective delivery of
change

1, 2, 3

1, 2, 4

1, 3, 4

2, 3, 4

NO.62 What affects how the MoP principles and practices are adapted by an organization?

The organization’s decision-making standards and processes

The organization’s use of sophisticated approaches

The organization’s operational targets

The organization’s experience in the use of relevant IT solutions

NO.63 Which statement about the prioritize practice is true?

A segmented portfolio should use the same criteria to prioritize each segment

Mandatory projects should not be included in the normal prioritization process

Prioritization of initiatives should be based on an estimate of financial benefits that may be achieved

A mandatory requirement should be reviewed to ensure that the planned change is cost effective

NO.64 Which is a way of sustaining progress in the implementation of portfolio management?

Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes

Adopt a big bang approach rather than an incremental or staged approach

Align reward and recognition processes for senior management to appropriate behaviours

Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses

NO.65 Which is a purpose of the categorize practice?

To obtain a clear and transparent view of what is in the development pipeline

To enable effective decision-making on the optimum use of funding and other resources

To ensure that every change initiative falls into a category that directly contributes to strategic objectives

To ensure that every category contains at least one change initiative

NO.66 Which describes a ‘key to success’ of the resource management practice?

Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness

Releasing funding for change initiatives as they complete each stage gate

The management board agree the high-level objectives for the portfolio

Introduction of standard forms for estimating the programme and project staff required on initiatives

NO.67 Which role approves portfolio management practices, including the framework and definition cycle processes?

Portfolio Progress Group (PPG)

Chief Executive Officer

Project and Programme Managers

Portfolio Direction Group (PDG)

NO.68 Which affects how the MoP principles and practices are adapted by an organization?

The organization’s experience in the use of relevant IT solutions

The organization’s use of sophisticated approaches

The organization’s maturity in project and programme management

The organization’s track record in terms of customer satisfaction

NO.69 Which statement about multi-level portfolios is true?

There should be clearly defined rules for delegation

Investment decisions are only reviewed at corporate level

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

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

NO.70 Which is NOT a key requirement of a fully effective Portfolio Office?

Reporting into the Business Change or Portfolio Director

Possessing sufficient skill to produce timely and reliable analyses

Being involved fully with programme and project management delivery

Having sufficient status to be effective across the organization

NO.71 Which is a ‘key to success’ for the plan practice?

The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio Strategy

The resulting documentation provides a clear line of sight’

The Portfolio Strategy provides the baseline information against which progress can be monitored

The content of the Portfolio Strategy is best communicated by means of tables and graphs

NO.72 Which statement about the prioritize practice is true?

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

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

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

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

NO.73 Which of the following is a main element of the management control practice?

Collaborative working between the Portfolio Office and the organizations communications experts

A consistent approach to benefits categorization

Guidance and templates for business case preparation

Tailored investment criteria

NO.74 Which of the following refers to use of the ‘management by exception’ technique?

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

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

Reporting via the documented route and schedule

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

NO.75 Which is a portfolio definition practice?

Governance alignment

Reference class forecasting

Understand

Resource management

NO.76 What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?

Portfolio definition cycle

Understand practice

Portfolio delivery cycle

Strategy alignment principle

NO.77 Which illustrates a ‘key to success’ for the balance practice?

Use algorithms and investment rules to guide decision making

Use financial investment criteria, such as NPV

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

Use categorization to assess alignment to strategic objectives

NO.78 Which is a result of an effectively managed portfolio delivery cycle?

There is clarity on the high level scope of potential change initiatives

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

Improved delivery on time and to budget

Change initiatives are planned in detail

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Read Online 106 Test Practice Test Questions Exam Dumps [Q60-Q78]

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