QUESTION: 45

What is an objective of performing a gap analysis during the understand practice?

To identify change initiatives required to close the gap between current and target performance
To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.
To identify resource requirements for business as usual against those required to deliver strategic changes

Answer(s): B

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QUESTION: 46

Which is a way of sustaining progress in the implementation of portfolio management?

Introduce completely new processes rather than build on existing organizational processes
Adopt an incremental rather than a big bang approach
Align reward and recognition processes to departmental or functional performance
Use the most sophisticated software solution available

Answer(s): C

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Which of the following are 'keys to success' of the organizational governance practice?

1. A shared vision for the portfolio
2. Focus on senior management
3. Business cases and progress are reviewed regularly
4. Shared understanding of the governance structure and processes

1, 2, 3
1, 2, 4
1, 3, 4
2, 3, 4

Answer(s): C

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QUESTION: 48

Which of the following is a consequence of the portfolio definition cycle being managed well?

Resources are re-allocated when required resulting in the portfolio remaining strategically aligned
The portfolio governance body makes informed decisions on the composition of the portfolio
Initiatives will be started without considering their fit with the current portfolio
Resources, risks and dependencies will be efficiently and effectively managed

Answer(s): C

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QUESTION: 45

QUESTION: 46

QUESTION: 47

QUESTION: 48

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