QUESTION: 25

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

Answer(s): B

How does portfolio management enable the most effective balance of organizational change and business as usual?

1. ensure change initiatives are agreed at the appropriate management level
2. prioritize change initiatives in line with strategic objectives
3. review change initiatives regularly in terms of progress, cost, risk, benefits and strategic contribution
4. cancel change initiatives if other initiatives appear with a better predicted return

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

Answer(s): D

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QUESTION: 27

Which is a 'key to success' of the stakeholder engagement practice?

Use of contemporary communications
Evidence-based forecasting
Clarity about governance structures and roles
Involve risk experts

Answer(s): A

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QUESTION: 28

Which is a 'key to success' of the senior management commitment principle?

At least half of the management board must champion the implementation of portfolio management
The Portfolio Strategy includes a compelling vision for the portfolio
Accountabilities for members of management boards will be defined by the Portfolio Office
Senior managers' personal objectives are independent of the success of changes within the portfolio

Answer(s): C

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QUESTION: 25

QUESTION: 26

QUESTION: 27

QUESTION: 28

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