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Identify the missing word in the definition of portfolio management. A coordinated collection of [ ? ] processes and decisions that together enable the most effective balance of organizational change and business as usual.

  1. business
  2. strategic
  3. programme
  4. delivery

Answer(s): B



Which of the following is a main element of the management control practice?

  1. Collaborative working between the Portfolio Office and the organizations communications experts
  2. A consistent approach to benefits categorization
  3. Guidance and templates for business case preparation
  4. Tailored investment criteria

Answer(s): D



Promoting an energized culture that is focused on collaborative working in the interests of the organization as a whole is a responsibility of which portfolio role?

  1. Portfolio Progress Group/Change Delivery Committee
  2. Portfolio Manager
  3. Business Change Director/Portfolio Director
  4. Portfolio Benefits Manager

Answer(s): A



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

  1. Portfolio management runs the business; BAU changes the business
  2. Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements
  3. Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented
  4. Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management

Answer(s): C






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