Best Way To Study For Peoplecert 106 Exam Brilliant 106 Exam Questions PDF [Q25-Q47]

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Best Way To Study For Peoplecert 106 Exam Brilliant 106 Exam Questions PDF

Updated Verified Pass 106 Exam – Real Questions and Answers

Peoplecert 106 Exam Syllabus Topics:

Topic	Details
Topic 1	Programme Management
Topic 2	Portfolio Management
Topic 3	Management Boards
Topic 4	SROs
Topic 5	Project Management

NEW QUESTION 25
Which illustrates a ‘key to success’ for the balance practice?

Use algorithms and investment rules to guide decision making

Use financial investment criteria, such as NPV

Clearly defining the scope of the portfolio and what constitutes a project

Use categorization to assess alignment to strategic objectives

NEW QUESTION 26
Which describes a ‘key to success’ of the resource management practice?

Prioritizing change initiatives on the basis of risk/achievability and return/attractiveness

Releasing funding for change initiatives as they complete each stage gate

The management board agree the high-level objectives for the portfolio

Introduction of standard forms for estimating the programme and project staff required on initiatives

NEW QUESTION 27
The purpose of which practice is to ensure that delivery stays on track and that the portfolio remains strategically aligned?

Management control

Organizational governance

Stakeholder engagement

Prioritize

NEW QUESTION 28
Identify the missing words in the following sentence. Dependencies in a complex portfolio environment [?] but if not managed effectively can represent a serious risk to delivery.

are a relatively simple matter

are a non-critical part of the project plan

are not always immediately obvious

do not need to be summarised in a portfolio dashboard report

NEW QUESTION 29
Which is a ‘key to success’ of the stakeholder engagement practice?

Use of contemporary communications

Evidence-based forecasting

Clarity about governance structures and roles

Involve risk experts

NEW QUESTION 30
How does portfolio management enable the most effective balance of organizational change and business as usual?
1. ensure change initiatives are agreed at the appropriate management
level
2. prioritize change initiatives in line with strategic objectives
3. review change initiatives regularly in terms of progress, cost,
risk, benefits and strategic contribution
4. cancel change initiatives if other initiatives appear with a better
predicted return

1, 2, 3

1, 2, 4

1, 3, 4

2, 3, 4

NEW QUESTION 31
Which is NOT an acceptable approach to budgeting in the context of portfolio management?

Budgets are devolved to strategic business units for both business as usual (BAU) and change initiatives, with portfolio management applied within each strategic business unit

Budgets are devolved to strategic business units for both BAU and change initiatives, with portfolio management applied across the units to co-ordinate cross-organizational change initiatives

Budgets are devolved to strategic business units for BAU, but budgets for change initiatives are controlled centrally, with portfolio management applied within each strategic business unit

Budgets are devolved to strategic business units for BAU but budgets for change initiatives controlled centrally, with portfolio management applied across the units

NEW QUESTION 32
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

NEW QUESTION 33
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

1, 2, 3

1, 2, 4

1, 3, 4

2, 3, 4

NEW QUESTION 34
In which circumstance would the ‘evolutionary’ approach to implementation of portfolio management be MOST appropriate?

In a stable marketplace and where strategy is emergent

In a stable marketplace where strategy is formulated top-down

In a less stable marketplace where strategy is formulated top-down

In a less stable marketplace where strategy is emergent

NEW QUESTION 35
What is the definition of programme management?

It is the totality of its investment in the changes (or segment thereof) required to achieve the strategic objectives.

A coordinated collection of strategic processes and decisions.

An activity that harvests value from assets owned by a business

An approach to manage several related projects, to improve the performance of the entire programme.

NEW QUESTION 36
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

NEW QUESTION 37
Which is a way of sustaining progress in the implementation of portfolio management?

Introduce completely new processes for portfolio management rather than trying to build on existing organizational processes

Adopt a big bang approach rather than an incremental or staged approach

Align reward and recognition processes for senior management to appropriate behaviours

Ensure the organization uses the most sophisticated software solution available rather than tailoring the tools that it already uses

NEW QUESTION 38
Which of the following refers to the ‘one version of the truth’ technique?

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

Reporting via a documented route and schedule

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

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

NEW QUESTION 39
Which is a purpose of the categorize practice?

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

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

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

To ensure that every category contains at least one change initiative

NEW QUESTION 40
Which is a ‘key to success’ of the senior management commitment principle?

At least half of the management board must champion the implementation of portfolio management

The Portfolio Strategy includes a compelling vision for the portfolio

Accountabilities for members of management boards will be defined by the Portfolio Office

Senior managers’ personal objectives are independent of the success of changes within the portfolio

NEW QUESTION 41
How does portfolio management support effective corporate governance?

Controls the major changes to business as usual

Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded

Ensures that the organization’s change initiatives represent the optimal allocation of limited resources

Provides a means by which the link between strategy and resource allocation can be maintained

NEW QUESTION 42
Which is a main element in the resource management practice?

Understanding the demand for constrained resources

Motivating people to commit to the delivery of shared goals

Scheduling portfolio initiatives to avoid adversely impacting operational performance

Emphasising the need to operate as one team

NEW QUESTION 43
Which is a main element in the stakeholder engagement practice?

Checking the ranked list of strategic changes for impact across the business

Matching demand and supply of constrained resources

Applying the champion-challenger’ model

Ensuring that key stakeholders have a clear and shared understanding of the governance process

NEW QUESTION 44
Which statement about the prioritize practice is true?

A segmented portfolio should use the same criteria to prioritize each segment

Mandatory projects should not be included in the normal prioritization process

Prioritization of initiatives should be based on an estimate of financial benefits that may be achieved

A mandatory requirement should be reviewed to ensure that the planned change is cost effective

NEW QUESTION 45
Which is a role of portfolio management in relation to programme and project management?

To provide mechanisms for management of limited resources

To provide mechanisms for risk management within programmes and projects

To provide mechanisms for delivering individual change initiatives into business as usual

To provide mechanisms for dependency management within projects

NEW QUESTION 46
Which is a way of sustaining progress in the implementation of portfolio management?

Introduce completely new processes rather than build on existing organizational processes

Adopt an incremental rather than a big bang approach

Align reward and recognition processes to departmental or functional performance

Use the most sophisticated software solution available

NEW QUESTION 47
Which is a portfolio definition practice?

Governance alignment

Reference class forecasting

Understand

Resource management

Updated PDF (New 2022) Actual Peoplecert 106 Exam Questions: https://www.passtestking.com/Peoplecert/106-practice-exam-dumps.html

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Best Way To Study For Peoplecert 106 Exam Brilliant 106 Exam Questions PDF [Q25-Q47]

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