Pass 106 Exam - Real Test Engine PDF with 111 Questions
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Peoplecert 106 Exam Syllabus Topics:
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NEW QUESTION 21
Which is one of the six key functions that portfolio management needs to coordinate with to achieve strategic objectives?
- A. Performance management
- B. Business Architecture Planning
- C. Centre of Excellence
- D. Information Technology
Answer: A
NEW QUESTION 22
Identify the missing word in the following sentence. The Portfolio Management [ ? ] are the key foundations on which effective portfolio management is based.
- A. principles
- B. techniques
- C. cycles
- D. practices
Answer: A
NEW QUESTION 23
How does portfolio management support effective corporate governance?
- A. Portfolio management assesses whether the programmes and projects within the portfolio are necessary, sufficient, achievable and affordable
- B. Portfolio management links delivery of the organization's strategic objectives with investment in change in a transparent way that enhances effective accountability
- C. Portfolio management develops delivery capability across the organization
- D. Portfolio management aligns performance and portfolio reporting in terms of timing and content
Answer: B
NEW QUESTION 24
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 25
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. where the portfolio governance body makes informed decisions on composition
- B. that matches planned changes with its capacity to deliver
- C. that remains strategically aligned
- D. that has clarity on its high-level scope
Answer: B
NEW QUESTION 26
What role is responsible for monitoring portfolio progress and resolving issues that may compromise delivery and benefits realization?
- A. Portfolio Manager
- B. Portfolio Progress Group
- C. Portfolio Benefits Manager
- D. Portfolio Direction Group
Answer: B
NEW QUESTION 27
Which is a portfolio delivery practice?
- A. Staged release of funding
- B. Governance alignment
- C. Financial management
- D. Categorize
Answer: B
NEW QUESTION 28
Which statement describes the relationship between portfolio management and business as usual (BAU) in terms of delivering strategic objectives?
- A. Portfolio management runs the business; BAU changes the business
- B. Portfolio management realizes benefits when major changes are successfully implemented; BAU realizes benefits from tactical improvements
- C. Portfolio management controls the major changes to BAU; BAU realizes benefits when major changes are successfully implemented
- D. Portfolio management realizes benefits when major changes are successfully implemented; BAU controls the major changes delivered by portfolio management
Answer: C
NEW QUESTION 29
Which of the following is a consequence of the portfolio definition cycle being managed well?
- A. The portfolio governance body makes informed decisions on the composition of the portfolio
- B. Initiatives will be started without considering their fit with the current portfolio
- C. Resources, risks and dependencies will be efficiently and effectively managed
- D. Resources are re-allocated when required resulting in the portfolio remaining strategically aligned
Answer: B
NEW QUESTION 30
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 31
Which portfolio delivery practice ensures clarity about what decisions are made, where, when, and what criteria are used?
- A. Benefits management
- B. Resource management
- C. Organizational governance
- D. Management control
Answer: C
NEW QUESTION 32
Which is a 'key to success' for the plan practice?
- A. The content of the Portfolio Strategy is best communicated by means of tables and graphs
- B. The resulting documentation provides a clear line of sight'
- C. The Portfolio Strategy provides the baseline information against which progress can be monitored
- D. The Portfolio Progress Group / Change Delivery Committee lead the creation of the Portfolio Strategy
Answer: B
NEW QUESTION 33
Which describes the full scope of portfolio management?
- A. 'Doing the right things' and 'doing things right' at a collective level
- B. Ensuring successful initiative delivery - doing things right'
- C. 'Doing the right things' and 'doing things right' at an individual initiative level
- D. Deciding where to invest - 'doing the right things'
Answer: A
NEW QUESTION 34
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 35
Which is a main element of the management control practice?
- A. Benefits eligibility rules
- B. Strategy alignment
- C. Decision conferencing
- D. Stage or phase gates
Answer: D
NEW QUESTION 36
Which is one of the six primary functions that portfolio management needs to coordinate with to achieve strategic objectives?
- A. Communications
- B. Real estate and Property services
- C. Resource management
- D. Budgeting and resource allocation
Answer: C
NEW QUESTION 37
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 38
Which of the following refers to the 'one version of the truth' technique?
- A. Reporting via a documented route and schedule
- B. Deriving forecasts of costs, duration and benefits of an initiative from similar previous projects
- C. Referring variances beyond control limit from plan to the portfolio governance body
- D. Specifying points at which reviews of initiatives are linked to funding release
Answer: A
NEW QUESTION 39
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 40
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