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Last Updated: Jun 22, 2026
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1. Which is a main element of the management control practice?
A) Stage or phase gates
B) Decision conferencing
C) Strategy alignment
D) Benefits eligibility rules
2. Identify the missing words in the following sentence. A purpose of the Portfolio Benefits
Realization Plan is to provide [?] against which to assess the benefits actually realized.
A) a strategy
B) a baseline
C) a gap analysis
D) a standard
3. Which is NOT a 'key to success' of an energized change culture?
A) Role descriptions clearly link personal objectives with strategic objectives
B) A Portfolio Office that is appropriately skilled with an agreed mandate
C) A learning organization in which lessons learned are captured, disseminated and acted upon
D) Collaborative working including adapting the reward and recognition systems to reflect and encourage desired corporate behaviours
4. 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) 2, 3, 4
B) 1, 2, 4
C) 1, 2, 3
D) 1, 3, 4
5. Which is NOT a key requirement of a fully effective Portfolio Office?
A) Being involved fully with programme and project management delivery
B) Having sufficient status to be effective across the organization
C) Possessing sufficient skill to produce timely and reliable analyses
D) Reporting into the Business Change or Portfolio Director
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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