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Exam Name: Management of Portfolio® Foundation
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MOPF Bootcamp Total Q&A: 100 Questions and Answers
Last Update: 2014-10-18
Exam Name: PRINCE2 Foundation Exam (PR2F)
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PR2F Exam PDF Total Q&A: 145 Questions and Answers
Last Update: 2014-10-18
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NO.1 Which of the following is a main element of the financial management practice?
A. Application of staged release funding linked to stage/phase gates
B. Categorization of benefits as cashable and non-cashable
C. Consideration of financial liabilities arising from performance and guarantee bonds
D. Sub-portfolios are periodically reviewed
Answer: B
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NO.2 Which statement about multi-level portfolios is true?
A. There should be clearly defined rules for delegation
B. Investment decisions are only reviewed at corporate level
C. Management of sub-portfolios is independent of the portfolio governance body
D. All current and planned change initiatives must be included in one of the sub-portfolios
Answer: D
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NO.3 Which is a main element of the risk management practice?
A. Adoption of the champion-challenger' model
B. Introduction of a summary investment appraisal template
C. Preparation of a Portfolio Management Framework
D. Implementation of an effective escalation path to the relevant portfolio governance body
Answer: D
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NO.4 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, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2, 3, 4
Answer: C
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NO.5 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
Answer: B
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NO.6 Which is a 'key to success' of the stakeholder engagement practice?
A. Use of contemporary communications
B. Evidence-based forecasting
C. Clarity about governance structures and roles
D. Involve risk experts
Answer: A
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NO.7 Identify the missing words in the following sentence. A consequence of a well-functioning
portfolio delivery cycle is a portfolio [?] by enabling resource re-allocation when required.
A. that remains strategically aligned
B. that has clarity on its high-level scope
C. where the portfolio governance body makes informed decisions on composition
D. that matches planned changes with its capacity to deliver
Answer: D
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NO.8 Which describes the full scope of portfolio management?
A. Deciding where to invest - 'doing the right things'
B. Ensuring successful initiative delivery - doing things right'
C. 'Doing the right things' and 'doing things right' at a collective level
D. 'Doing the right things' and 'doing things right' at an individual initiative level
Answer: C
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