106 Dumps 2022 - New Peoplecert 106 Exam Questions
Free 106 Braindumps Download Updated on Jan 22, 2022 with 111 Questions
NEW QUESTION 57
Which is NOT a 'key to success' of the balance practice?
- A. The portfolio governance body should understand its role in balancing the portfolio
- B. Findings may be presented in a graphical format
- C. Algorithms and investment rules may guide decision-making
- D. Balancing follows preparation of the Portfolio Strategy and Delivery Plan
Answer: A
NEW QUESTION 58
Which portfolio delivery practice ensures clarity about what decisions are made, where, when, and what criteria are used?
- A. Management control
- B. Benefits management
- C. Resource management
- D. Organizational governance
Answer: D
NEW QUESTION 59
Which is a benefit of assessing the impact of portfolio management?
- A. More of the 'right' programmes and projects being undertaken
- B. The portfolio governance body comes to a collective decision on the composition of the portfolio
- C. It can help demonstrate a compelling case for investment in portfolio management
- D. More informed decisions concerning the initiation and scheduling of initiatives
Answer: C
NEW QUESTION 60
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 Management Framework
- C. Portfolio Strategy
- D. Portfolio Resource Schedule
Answer: A
NEW QUESTION 61
Which is a benefit of portfolio management?
- A. Detailed approaches are prescribed that are applicable to most organizations
- B. Enables best management practices such as PRINCE2 and MSP to be mandated
- C. Justifies the application of sophisticated software tools
- D. Enables more efficient resource utilization
Answer: D
NEW QUESTION 62
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. do not need to be summarised in a portfolio dashboard report
- C. are not always immediately obvious
- D. are a relatively simple matter
Answer: C
NEW QUESTION 63
How does portfolio management enable the most effective balance of organizational change and business as usual?
1. ensure change initiatives are agreed at the appropriate management
level
2. prioritize change initiatives in line with strategic objectives
3. review change initiatives regularly in terms of progress, cost,
risk, benefits and strategic contribution
4. cancel change initiatives if other initiatives appear with a better
predicted return
- A. 1, 3, 4
- B. 1, 2, 4
- C. 1, 2, 3
- D. 2, 3, 4
Answer: D
NEW QUESTION 64
What does portfolio management provide strategic planning with?
- A. Momentum and energy for strategy development based on effective delivery of change
- B. Setting the context within which strategic planning operates
- C. Analysis of the environment within which strategy is developed
- D. Setting of strategic objectives and confirmation of any changes
Answer: A
NEW QUESTION 65
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 BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit
- C. 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
- D. 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
Answer: B
NEW QUESTION 66
Which of the following is a benefit of a well-managed portfolio definition cycle?
- A. Motivating people to deliver shared goals
- B. Allocating a priority to each change initiative through single-criteria analysis or multi-criteria analysis
- C. Creating a standard template for businesses cases for all change initiatives within the portfolio
- D. Improved delivery times and improved budgetary performance of projects within the portfolio
Answer: D
NEW QUESTION 67
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. Business Change Director/Portfolio Director
- B. Portfolio Benefits Manager
- C. Portfolio Manager
- D. Portfolio Progress Group/Change Delivery Committee
Answer: D
NEW QUESTION 68
Which is one of the six key functions that portfolio management needs to coordinate with to achieve strategic objectives?
- A. Performance management
- B. Information Technology
- C. Centre of Excellence
- D. Business Architecture Planning
Answer: A
NEW QUESTION 69
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 less stable marketplace where strategy is emergent
- C. In a less stable marketplace where strategy is formulated top-down
- D. In a stable marketplace where strategy is formulated top-down
Answer: B
NEW QUESTION 70
What is this the purpose of: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?
- A. Strategy alignment principle
- B. Understand practice
- C. Portfolio definition cycle
- D. Portfolio delivery cycle
Answer: D
NEW QUESTION 71
Which is a portfolio delivery practice?
- A. Categorize
- B. Financial management
- C. Governance alignment
- D. Staged release of funding
Answer: C
NEW QUESTION 72
Which describes the relationship between business as usual and portfolio management?
- A. Change the business, change the portfolio
- B. Run the business, run the portfolio
- C. Change the business, run the portfolio
- D. Run the business, change the business
Answer: D
NEW QUESTION 73
What has as its purpose: To ensure the successful implementation of the planned change initiatives as agreed in the Portfolio Strategy and Delivery Plan?
- A. Portfolio management
- B. Portfolio definition cycle
- C. Portfolio delivery cycle
- D. Resource management
Answer: C
NEW QUESTION 74
What is an objective of performing a gap analysis during the understand practice?
- A. To prioritize initiatives within the current portfolio to identify which are the organization's most important initiatives
- B. To identify change initiatives required to close the gap between current and target performance
- C. To identify resource requirements for business as usual against those required to deliver strategic changes
- D. To identify the gap between where the organization will be on current trajectory and where it needs to be to achieve its strategic objectives.
Answer: A
NEW QUESTION 75
Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?
- A. Ensuring the Portfolio Manager champions the implementation of Portfolio Management
- B. Prioritizing the portfolio on the basis of resource availability
- C. Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy
- D. Endorsing the decisions the Portfolio Office make about the composition of the portfolio
Answer: C
NEW QUESTION 76
Which is a responsibility of the Portfolio Direction Group / Investment Committee?
- A. Champion the implementation of portfolio management across the organization
- B. Ensure business case data is prepared on a consistent basis across the organization
- C. Develop the organization's Portfolio Benefits Management Framework
- D. Ensure the portfolio is properly balanced
Answer: D
NEW QUESTION 77
Which is a main element in the stakeholder engagement practice?
- A. Ensuring that key stakeholders have a clear and shared understanding of the governance process
- B. Checking the ranked list of strategic changes for impact across the business
- C. Matching demand and supply of constrained resources
- D. Applying the champion-challenger' model
Answer: D
NEW QUESTION 78
Why is it sometimes helpful to break down portfolio categories or segments into sub-categories?
- A. To produce a ranked list of strategic changes, taking into account impact across the business
- B. To evaluate the benefits expected from each change initiative
- C. To assess the contribution of initiatives by expressing strategic objectives in greater detail
- D. To ensure business cases are prepared on a consistent basis
Answer: C
NEW QUESTION 79
Which is one of the keys to success of the portfolio management principle: strategy alignment?
- A. Lessons learned are disseminated and acted upon
- B. Stakeholders understand how portfolio decisions are made
- C. Roles, responsibilities and accountabilities are clearly defined
- D. The portfolio is reviewed regularly
Answer: D
NEW QUESTION 80
What is the definition of portfolio management?
- A. An approach, or line to take, designed to achieve a long-term aim
- B. Successfully implementing planned change initiatives whilst ensuring the portfolio adapts to changes in strategic objectives, project and programme delivery, and lessons learned
- C. 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
- D. A co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual
Answer: D
NEW QUESTION 81
Which is NOT a 'key to success' of an energized change culture?
- A. A Portfolio Office that is appropriately skilled with an agreed mandate
- B. Role descriptions clearly link personal objectives with strategic objectives
- 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
Answer: A
NEW QUESTION 82
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