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Which are suggested techniques to align the portfolio with strategy where measures of strategic success have not been clearly defined?
1. Rate the strategic contribution of an initiative as critical, highly desirable or desirable
2. Split the available funding into relevant portfolio segments
3. Create a Portfolio Strategy
4. Senior managers debate strategic alignment and come to a collective decision on the portfolio
- 1, 2, 3
- 1, 2, 4
- 1, 3, 4
- 2, 3, 4
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Which of the following refers to use of the ‘management by exception’ technique?
- Providing a Dashboard Report with a transparent chain from strategic intent to benefits realization
- Specifying points at which reviews of initiatives are linked to funding release
- Reporting via the documented route and schedule
- Referring variances from plan that exceed control limits to the portfolio governance body
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Which is one of the five portfolio management principles?
- Portfolio definition
- Multi-criteria analysis
- Strategy alignment
What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?
- Portfolio Management Framework
- Portfolio Strategy
- Portfolio Delivery Plan
- Portfolio Resource Schedule