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Last Updated: Jun 04, 2026
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1. 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, 3, 4
B) 2, 3, 4
C) 1, 2, 3
D) 1, 2, 4
2. Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.
A) are a non-critical part of the project plan
B) are a relatively simple matter
C) do not need to be summarised in a portfolio dashboard report
D) are not always immediately obvious
3. Which is one of the three broad approaches to implementing portfolio management?
A) Balance
B) One version of the truth
C) Definition
D) Big bang
4. Which is NOT an acceptable approach to budgeting in the context of portfolio management?
A) Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units
B) 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
C) 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
D) 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
5. What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?
A) Portfolio Delivery Plan
B) Portfolio Resource Schedule
C) Portfolio Management Framework
D) Portfolio Strategy
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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