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Exam Name: Management of Portfolio® Foundation
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MOPF Real Exams Total Q&A: 100 Questions and Answers
Last Update: 2014-08-04
Exam Name: ITIL Foundation (syllabus 2011)
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EX0-001 Real Questions Total Q&A: 424 Questions and Answers
Last Update: 2014-08-04
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NO.1 Which is a main element of the risk management practice?
A. Adoption of the champion-challenger' model
B. Introduction of a summary investment appraisal template
C. Preparation of a Portfolio Management Framework
D. Implementation of an effective escalation path to the relevant portfolio governance body
Answer: D
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NO.2 Which of the following refers to the 'one version of the truth' technique?
A. Referring variances beyond control limit from plan to the portfolio governance body
B. Reporting via a documented route and schedule
C. Specifying points at which reviews of initiatives are linked to funding release
D. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
Answer: B
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NO.3 Which of the following is a main element of the financial management practice?
A. Application of staged release funding linked to stage/phase gates
B. Categorization of benefits as cashable and non-cashable
C. Consideration of financial liabilities arising from performance and guarantee bonds
D. Sub-portfolios are periodically reviewed
Answer: B
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NO.4 Which is an example of a performance metric that can be used to assess the impact of
portfolio management?
A. Speed at which service is provided to customers from the point of first contact
B. Speed at which initiatives, aimed at improving customer service, progress through the
development pipeline
C. Speed at which customer complaints are dealt with from point of receipt through to resolution
D. Speed at which requests for change are assessed and responded to by individual projects and
programmes
Answer: C
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NO.5 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, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2, 3, 4
Answer: C
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NO.6 Which is a 'key to success' of the stakeholder engagement practice?
A. Use of contemporary communications
B. Evidence-based forecasting
C. Clarity about governance structures and roles
D. Involve risk experts
Answer: A
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NO.7 Which statement about multi-level portfolios is true?
A. There should be clearly defined rules for delegation
B. Investment decisions are only reviewed at corporate level
C. Management of sub-portfolios is independent of the portfolio governance body
D. All current and planned change initiatives must be included in one of the sub-portfolios
Answer: D
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NO.8 Which describes the full scope of portfolio management?
A. Deciding where to invest - 'doing the right things'
B. Ensuring successful initiative delivery - doing things right'
C. 'Doing the right things' and 'doing things right' at a collective level
D. 'Doing the right things' and 'doing things right' at an individual initiative level
Answer: C
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