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1. 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?
A) 1, 2, 4
B) 1, 2, 3
C) 1, 3, 4
D) 2, 3, 4
2. Which statement describes 'comfortable energy'?
A) Staff are keen on problem solving and identifying new initiatives
B) Staff do only the minimum that is required
C) Staff actively hinder change and innovation
D) Staff are happy with the way things are
3. Which is a purpose of the categorize practice?
A) To ensure that every change initiative falls into a category that directly contributes to strategic objectives
B) To ensure that every category contains at least one change initiative
C) To enable effective decision-making on the optimum use of funding and other resources
D) To obtain a clear and transparent view of what is in the development pipeline
4. How does portfolio management support effective corporate governance?
A) Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded
B) Ensures that the organization's change initiatives represent the optimal allocation of limited resources
C) Provides a means by which the link between strategy and resource allocation can be maintained
D) Controls the major changes to business as usual
5. 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?
A) By explaining when the impacts of change initiatives will be observed and how they will be measured
B) By explaining which projects will deliver the change and how they are being monitored
C) By explaining who is responsible for realizing benefits and how their performance will be assessed
D) By explaining which programme will deliver the change and how it is being monitored
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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