M_o_P (Management of Portfolio Foundation) Practice Test
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Exam Number : MOPF
Exam Name : M_o_P (Management of Portfolio Foundation)
Vendor Name : Axelos
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EXAM CODE: MOPF
EXAM NAME: M_o_P (Management of Portfolio Foundation)
Portfolio management helps organizations make decisions about implementing the right changes to their business as usual (BAU) activity via projects and programmes. The Management of Portfolios (MoP®) guidance provides senior executives and practitioners responsible for planning and implementing change, with a set of principles, techniques and practices to introduce or re-energize portfolio management.
- Senior management engagement supports effective portfolio management.
- Senior managers should support portfolio management.
- Approaches and techniques to align programmes and projects with organizational strategy.
- Techniques that facilitate strategic alignment even where strategic measures are not clearly defined.
- The services it provides.
- How it differs from a programme or project office.
- The elements of an energized change culture.
- The energy states.
- Sources of organizational energy.
- Understand
- Categorize
- Prioritize
- Balance
- Plan
- Three point estimating and reference class forecasting.
- Driver-based strategic contribution analysis.
- Multi-criteria analysis.
- Decision conferencing.
- Clear line of sight planning.
- Understanding the current portfolio.
- Splitting the portfolio into organizationally appropriate categories or segments.
- Using appropriate approaches to prioritize the portfolio.
- Considering what factors need to be taken into account in balancing the portfolio.
- Completing a portfolio strategy and delivery plan.
- Whether the approaches adopted are appropriate, with reasons, in a given scenario when:
- Understanding the current portfolio.
- Categorizing the portfolio.
- Prioritizing the portfolio.
- Balancing the portfolio.
- Completing a portfolio strategy and delivery plan.
- Management control
- Benefits management
- Financial management
- Risk management
- Stakeholder engagement
- Organizational governance
- Resource management
- Management by exception
- One version of the truth
- Staged release of funding
- Clear line of sight reporting
- Champion-challenger model
- Management control
- Portfolio-level benefits management
- Portfolio-level financial management
- Portfolio-level risk management
- Portfolio-level stakeholder engagement
- Portfolio-level resource management
- Management control
- Portfolio-level benefits management
- Portfolio-level financial management
- Portfolio-level risk management
- Portfolio-level stakeholder engagement
- Portfolio-level resource management
- The purposes of the main portfolio management roles identified in MoP:
- Portfolio Direction Group/Investment Committee
- Portfolio Progress Group/Change Delivery Committee
- Business Change Director/Portfolio Director
- Portfolio Manager
- Portfolio Benefits Manager
- The purposes of the main portfolio management documentation:
- Portfolio Management Framework
- Portfolio Benefits Management Framework
- Portfolio Strategy
- Portfolio Delivery Plan
- Portfolio Benefits Realization Plan
- Portfolio Financial Plan
- Portfolio Resource Schedule
- Portfolio Stakeholder Engagement and Communication Plan
- Portfolio Dashboard Report
- 01 The responsibilities of the main portfolio roles identified in MoP:
- Portfolio Direction Group/Investment Committee
- Portfolio Progress Group/Change Delivery Committee
- Business Change Director/Portfolio Director
- Portfolio Manager
- Portfolio Benefits Manager
- The recommended contents of the main portfolio management documentation:
- Portfolio Management Framework
- Portfolio Benefits Management Framework
- Portfolio Strategy
- Portfolio Delivery Plan
- Portfolio Benefits Realization Plan
- Portfolio Financial Plan
- Portfolio Resource Schedule
- Portfolio Stakeholder Engagement and Communication Plan
- Portfolio Dashboard Report
- Identify appropriate information, using typical contents, for inclusion
- Portfolio Management Framework
- Portfolio Benefits Management Framework
- Portfolio Strategy
- Portfolio Delivery Plan
- Portfolio Benefits Realization Plan
- Portfolio Financial Plan
- Portfolio Resource Schedule
- Portfolio Stakeholder Engagement and Communication Plan
- Portfolio Dashboard Report
- Portfolio Direction Group/Investment Committee
- Portfolio Progress Group/Change Delivery Committee
- Business Change Director/Portfolio Director
- Portfolio Manager
- Portfolio Benefits Manager
- Portfolio Management Framework
- Portfolio Benefits Management Framework
- Portfolio Strategy
- Portfolio Delivery Plan
- Portfolio Benefits Realization Plan
- Portfolio Financial Plan
- Portfolio Resource Schedule
- Portfolio Stakeholder Engagement and Communication Plan
- Portfolio Dashboard Report
- Portfolio Direction Group/Investment Committee
- Portfolio Progress Group/Change Delivery Committee
- Business Change Director/Portfolio Director
- Portfolio Manager
- Portfolio Benefits Manager
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