100% Guaranteed Results 106 Unlimited 111 Questions [2022]
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Peoplecert 106 Exam Syllabus Topics:
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NEW QUESTION 18
Which is a main element in the stakeholder engagement practice?
- A. Matching demand and supply of constrained resources
- B. Applying the champion-challenger' model
- C. Ensuring that key stakeholders have a clear and shared understanding of the governance process
- D. Checking the ranked list of strategic changes for impact across the business
Answer: B
NEW QUESTION 19
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, 4
- B. 1, 3, 4
- C. 2, 3, 4
- D. 1, 2, 3
Answer: B
NEW QUESTION 20
Which statements about the Portfolio Office (headed by the Portfolio Manager) are true?
1. It helps to ensure that a consistent approach is applied across the
portfolio
2. It prepares the Portfolio Strategy and Delivery Plan
3. It is a temporary structure set up to assist with the delivery of
change
4. It provides assurance to senior management on effective delivery of
change
- A. 1, 3, 4
- B. 2, 3, 4
- C. 1, 2, 4
- D. 1, 2, 3
Answer: C
NEW QUESTION 21
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 Management Framework
- B. Portfolio Resource Schedule
- C. Portfolio Delivery Plan
- D. Portfolio Strategy
Answer: C
NEW QUESTION 22
Which portfolio definition practice collates information from the portfolio definition cycle and creates a Portfolio Strategy?
- A. Balance
- B. Prioritize
- C. Plan
- D. Categorize
Answer: C
NEW QUESTION 23
Fill in the missing word(s): _____ management is an approach to manage several related projects, intending to improve the performance of the entire programme.
- A. Portfolio
- B. Business as Usual (BAU)
- C. Programme
- D. Business Strategy
Answer: C
NEW QUESTION 24
Which is an objective of the Portfolio Strategy?
- A. Promote discussion of any potential conflict between departmental and shared goals
- B. Document the short term view of what the portfolio is to achieve
- C. Provide an overview of the portfolio linked to the strategic planning cycle
- D. Create the baseline information to be input into the resource schedule
Answer: C
NEW QUESTION 25
Which is NOT a key requirement of a fully effective Portfolio Office?
- A. Reporting into the Business Change or Portfolio Director
- B. Having sufficient status to be effective across the organization
- C. Possessing sufficient skill to produce timely and reliable analyses
- D. Being involved fully with programme and project management delivery
Answer: D
NEW QUESTION 26
Which is a portfolio delivery practice?
- A. Staged release of funding
- B. Governance alignment
- C. Financial management
- D. Categorize
Answer: B
NEW QUESTION 27
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, 3, 4
- B. 2, 3, 4
- C. 1, 2, 4
- D. 1, 2, 3
Answer: C
NEW QUESTION 28
Promoting an energized culture that is focused on collaborative working in the interests of the organization as a whole is a responsibility of which portfolio role?
- A. Portfolio Manager
- B. Portfolio Progress Group/Change Delivery Committee
- C. Portfolio Benefits Manager
- D. Business Change Director/Portfolio Director
Answer: B
NEW QUESTION 29
Which of the following is NOT an MoP portfolio management principle?
- A. Portfolio Definition
- B. Energized Change Culture
- C. Establishing a Portfolio Office
- D. Governance Alignment
Answer: A
NEW QUESTION 30
How does the identification of value drivers help an organization to prioritize change initiatives?
- A. By identifying the value of each of the benefits resulting from change
- B. By focusing on the external factors which drive and shape strategy
- C. By ensuring that all value drivers are specified as monetary values
- D. By allowing a relative weighting to be applied to each driver identified
Answer: D
NEW QUESTION 31
Which is a responsibility of the Portfolio Direction Group / Investment Committee?
- A. Ensure business case data is prepared on a consistent basis across the organization
- B. Champion the implementation of portfolio management across the organization
- C. Ensure the portfolio is properly balanced
- D. Develop the organization's Portfolio Benefits Management Framework
Answer: C
NEW QUESTION 32
Which statement describes the purpose of the Portfolio Direction Group / Investment Committee?
- A. Ensuring that a consistent fit for purpose' approach to benefits management is applied across the portfolio
- B. The governance body where decisions about inclusion of initiatives in the portfolio are made
- C. The governance body responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization
- D. The role that is responsible for approving changes to the portfolio delivery practices
Answer: D
NEW QUESTION 33
Which describes a 'key to success' of the resource management practice?
- A. Releasing funding for change initiatives as they complete each stage gate
- B. The management board agree the high-level objectives for the portfolio
- C. Introduction of standard forms for estimating the programme and project staff required on initiatives
- D. Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness
Answer: C
NEW QUESTION 34
Which illustrates a 'key to success' for the balance practice?
- A. Use algorithms and investment rules to guide decision making
- B. Use categorization to assess alignment to strategic objectives
- C. Clearly defining the scope of the portfolio and what constitutes a project
- D. Use financial investment criteria, such as NPV
Answer: A
NEW QUESTION 35
What portfolio document sets the standards for consistent approaches to benefits management across the portfolio?
- A. Portfolio Benefits Realization Plan
- B. Portfolio Management Framework
- C. Portfolio Benefits Management Framework
- D. Portfolio Dashboard
Answer: C
NEW QUESTION 36
Which statement describes 'comfortable energy'?
- A. Staff actively hinder change and innovation
- B. Staff are keen on problem solving and identifying new initiatives
- C. Staff are happy with the way things are
- D. Staff do only the minimum that is required
Answer: B
NEW QUESTION 37
Which are benefits of assessing the impact of portfolio management?
1. It can help demonstrate a compelling case for investment in
portfolio management
2. It helps in the on-going development of more effective portfolio
management practices
3. It enables more effective implementation of programmes and projects
via management of the project development pipeline, dependencies, and
constraints
4. The process of measurement can help ensure success - reflecting the
management expression, what gets measured gets done?
- A. 1, 3, 4
- B. 2, 3, 4
- C. 1, 2, 4
- D. 1, 2, 3
Answer: C
NEW QUESTION 38
Which is an example of a performance metric that can be used to assess the impact of portfolio management?
- A. Percentage of milestones being achieved during a projects life cycle compared with the planned milestones
- B. Percentage increase in the number of customer complaints received during the implementation of a change initiative compared with the forecast level
- C. The successful delivery of linked projects and transformation activities to achieve an intended outcome
- D. Percentage of initiatives delivered on time and/or budget compared within initial forecasts
Answer: D
NEW QUESTION 39
In which circumstance would the 'evolutionary' approach to implementation of portfolio management be MOST appropriate?
- A. In a stable marketplace and where strategy is emergent
- B. In a stable marketplace where strategy is formulated top-down
- C. In a less stable marketplace where strategy is formulated top-down
- D. In a less stable marketplace where strategy is emergent
Answer: D
NEW QUESTION 40
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