Management of Portfolio® Foundation: MOPF

What is the definition of portfolio management?

A. Carrying out the co-ordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business

B. A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual

C. Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned

D. An approach, or line to take, designed to achieve a long-term aim

Which are responsibilities of portfolio management in terms of delivering initiatives that contribute to strategic objectives?

1.

Development of delivery capability organization-wide

2.

Management of limited resources

3.

Effective dependency management across the portfolio

4.

Delivery of change initiatives within the portfolio

A. 1, 2, 3

B. 1, 2, 4

C. 1, 3, 4

D. 2, 3, 4

Which statement about 'decision conferencing' is FALSE?

A. Senior management debate and agree the scores/ratings for each initiative

B. The Board approve a prioritized listing developed by the Portfolio Office

C. A facilitator can help to ensure that a consensus is reached

D. It can result in greater commitment by senior management to the portfolio