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Peoplecert 106 Exam Syllabus Topics:
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NEW QUESTION 14
Gathering key information to provide clarity to senior management on the collection of change initiatives is the purpose of:
- A. Risk management
- B. Stakeholder engagement
- C. Management control
- D. Portfolio Definition Cycle
Answer: D
NEW QUESTION 15
If only some of the change initiatives are included in the organizational portfolio, additional checks will be required. What should these checks do?
- A. Ensure that sub-portfolios remain consistent with the organizational level portfolio
- B. Ensure that there is a common understanding of the portfolio governance framework
- C. Assess whether corporate-level capacity planning is managed effectively
- D. Monitor the risk that the portfolio governance body is overwhelmed with data
Answer: A
NEW QUESTION 16
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.
- A. delivery
- B. strategic
- C. programme
- D. business
Answer: B
NEW QUESTION 17
Portfolio management needs to coordinate with which of the following functions to ensure strategic objectives are achieved?
- A. Performance Management
- B. Business as Usual (BAU)
- C. Risk Management
- D. Benefits Management
Answer: A
NEW QUESTION 18
Which statement about 'decision conferencing' is FALSE?
- A. It can result in greater commitment by senior management to the portfolio
- B. A facilitator can help to ensure that a consensus is reached
- C. Senior management debate and agree the scores/ratings for each initiative
- D. The Board approve a prioritized listing developed by the Portfolio Office
Answer: D
NEW QUESTION 19
What affects how the MoP principles and practices are adapted by an organization?
- A. The organization's decision-making standards and processes
- B. The organization's experience in the use of relevant IT solutions
- C. The organization's operational targets
- D. The organization's use of sophisticated approaches
Answer: A
NEW QUESTION 20
Why is it sometimes helpful to break down portfolio categories or segments into sub-categories?
- A. To assess the contribution of initiatives by expressing strategic objectives in greater detail
- B. To produce a ranked list of strategic changes, taking into account impact across the business
- C. To evaluate the benefits expected from each change initiative
- D. To ensure business cases are prepared on a consistent basis
Answer: A
NEW QUESTION 21
Which is an objective of the Portfolio Strategy?
- A. Promote discussion of any potential conflict between departmental and shared goals
- B. Document the short term view of what the portfolio is to achieve
- C. Provide an overview of the portfolio linked to the strategic planning cycle
- D. Create the baseline information to be input into the resource schedule
Answer: C
NEW QUESTION 22
Which is NOT an acceptable approach to budgeting in the context of portfolio management?
- A. Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit
- B. Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
- C. Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
- D. Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives
Answer: B
NEW QUESTION 23
Which of the following refers to use of the 'management by exception' technique?
- A. Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
- B. Reporting via the documented route and schedule
- C. Specifying points at which reviews of initiatives are linked to funding release
- D. Referring variances from plan that exceed control limits to the portfolio governance body
Answer: A
NEW QUESTION 24
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, 4
- B. 1, 2, 3
- C. 1, 3, 4
- D. 2, 3, 4
Answer: B
NEW QUESTION 25
Which is a portfolio delivery practice?
- A. Staged release of funding
- B. Governance alignment
- C. Financial management
- D. Categorize
Answer: B
NEW QUESTION 26
In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?
- A. In a stable marketplace and where strategy is emergent
- B. In a stable marketplace where strategy is formulated top-down
- C. In a less stable marketplace where strategy is formulated top-down
- D. In a less stable marketplace where strategy is emergent
Answer: D
NEW QUESTION 27
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
4. Ensure the performance management function are engaged at an early
point in the development of business cases
- A. 1, 2, 4
- B. 1, 3, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: B
NEW QUESTION 28
Which is a 'key to success' for the plan practice?
- A. The content of the Portfolio Strategy is best communicated by means of tables and graphs
- B. The resulting documentation provides a clear line of sight'
- C. The Portfolio Strategy provides the baseline information against which progress can be monitored
- D. The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio Strategy
Answer: B
NEW QUESTION 29
Which statement describes 'comfortable energy'?
- A. Staff actively hinder change and innovation
- B. Staff are keen on problem solving and identifying new initiatives
- C. Staff are happy with the way things are
- D. Staff do only the minimum that is required
Answer: B
NEW QUESTION 30
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