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Which is a purpose of the categorize practice?

A. To obtain a clear and transparent view of what is in the development pipeline

B. To enable effective decision-making on the optimum use of funding and other resources

C. To ensure that every change initiative falls into a category that directly contributes to strategic objectives

D. To ensure that every category contains at least one change initiative

Which is one of the three broad approaches to implementing portfolio management?

A. Definition

B. Balance

C. One version of the truth

D. Big bang

Which is a way of sustaining progress in the implementation of portfolio management?

A. Introduce completely new processes rather than build on existing organizational processes

B. Adopt an incremental rather than a big bang approach

C. Align reward and recognition processes to departmental or functional performance

D. Use the most sophisticated software solution available

Which of the following refers to the 'one version of the truth' technique?

A. Referring variances beyond control limit from plan to the portfolio governance body

B. Reporting via a documented route and schedule

C. Specifying points at which reviews of initiatives are linked to funding release

D. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects

Which is one of the three ways in which senior level engagement is crucial to effective portfolio management?

A. Endorsing the decisions the Portfolio Office make about the composition of the portfolio B. Ensuring the Portfolio Manager champions the implementation of Portfolio Management

C. Creating a clear decision-making structure so that decisions are made swiftly and in line with business strategy

D. Prioritizing the portfolio on the basis of resource availability