Portfolio Management Principles
34 practice questions with explanations — 15 free to try
4 of these 34 questions are in the free 15-question taster · the full topic is part of Premium
PassNova has 34 MoP Foundation practice questions on Portfolio Management Principles, each with a clear explanation. A 15-question taster is free with no sign-up; the full bank is part of PassNova Premium. Updated for 2026.
Portfolio Management Principles: example questions & answers
4 worked examples with answers and explanations below. Try 15 MoP Foundation questions free in the browser; the full 34-question Portfolio Management Principles bank is part of PassNova Premium.
What is the primary purpose of Management of Portfolios (MoP)?
- ATo manage the day-to-day operations of business-as-usual functions
- BTo deliver one single project on time and within its agreed budget each year only
- CTo ensure that an organisation's programmes and projects, taken together, contribute optimally to strategic objectives✓
- DTo replace programme and project management methods entirely
Answer: MoP focuses on doing the right programmes and projects and doing them right, so that the total portfolio of change delivers maximum value against the organisation's strategic objectives.
MoP describes how many principles that underpin effective portfolio management?
- ASeven
- BThree
- CFour
- DFive✓
Answer: MoP defines five principles: senior management commitment, governance alignment, strategy alignment, a portfolio office, and an energised change culture.
Which of the following is one of the five MoP principles?
- AContinuous deployment
- BEarned value management
- CCritical chain scheduling
- DSenior management commitment✓
Answer: Senior management commitment is one of the five principles; visible, sustained leadership support is essential for portfolio management to succeed.
The MoP principle of 'governance alignment' is mainly concerned with ensuring that:
- AThe portfolio's decision-making bodies are aligned with the organisation's wider governance arrangements✓
- BEvery project uses the same scheduling software
- CSuppliers are governed by fixed-price contracts
- DOperational business-as-usual teams report directly to the portfolio office rather than to their own line management
Answer: Governance alignment ensures portfolio governance is consistent with, and connected to, the organisation's business and corporate governance so decisions are coherent.