EMT Practice Test

1. Question Content...

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Question1: What is the definition of portfolio management?

Question2: Which are suggested techniques to align the portfolio with strategy where measures of strategic success have not been clearly defined?
1. Rate the strategic contribution of an initiative as critical, highly desirable or desirable
2. Split the available funding into relevant portfolio segments
3. Create a Portfolio Strategy
4. Senior managers debate strategic alignment and come to a collective
decision on the portfolio

Question3: Which is a 'key to success' of the stakeholder engagement practice?

Question4: Why is it sometimes helpful to break down portfolio categories or segments into sub-categories?

Question5: Which documents are key outputs of the portfolio definition cycle?

Question6: Which is a portfolio definition practice?

Question7: Which is a portfolio definition practice?

Question8: 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

Question9: Which is one of the 5 portfolio management principles?

Question10: Which affects how the MoP principles and practices are adapted by an organization?

Question11: What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

Question12: Which is NOT a key requirement of a fully effective Portfolio Office?

Question13: 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?

Question14: The purpose of the [ ? ] is to collate key information that will provide clarity to senior management on the collection of change initiatives that will deliver the greatest contribution to the strategic objectives?

Question15: What does portfolio management provide strategic planning with?

Question16: Which is a 'key to success' for the plan practice?

Question17: How does portfolio management support effective corporate governance?

Question18: Which illustrates a 'key to success' for the balance practice?

Question19: Identify the missing words in the following sentence. A purpose of the Portfolio Benefits Realization Plan is to provide [?] against which to assess the benefits actually realized.

Question20: Which is NOT one of the three broad approaches to implementing portfolio management?

Question21: Which is a benefit of portfolio management?

Question22: Which is a purpose of the categorize practice?

Question23: Which is a main element of the benefits management practice?

Question24: Which is NOT a 'key to success' of the balance practice?

Question25: Which statement about 'decision conferencing' is FALSE?

Question26: Which is a portfolio delivery practice?

Question27: Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?

Question28: Which is a portfolio delivery practice?

Question29: Which is a way that portfolio management can help staff in business as usual understand the contribution that change initiatives will make to operational performance?

Question30: Which is a main element in the resource management practice?

Question31: Which questions are addressed by portfolio management as part of strategic planning?
1. Are the programmes and projects in the portfolio necessary?
2. Is the portfolio together with business as usual activities
sufficient to achieve the strategic objectives?
3. Where in business as usual will the objectives be achieved?
4. Is the portfolio affordable?

Question32: Which is the purpose of the understand practice?

Question33: Which is one of the five portfolio management principles?

Question34: Portfolio management needs to coordinate with which of the following functions to ensure strategic objectives are achieved?

Question35: Which is one of the first seven steps in a staged implementation of portfolio management?

Question36: Fill in the blanks: Portfolio office members should NOT have the responsibility of _____.

Question37: Which is an example of a performance metric that can be used to assess the impact of portfolio management?

Question38: How does the identification of value drivers help an organization to prioritize change initiatives?