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| Section | Objectives |
|---|---|
| Key Practices | - Issue and change management - Quality management - Information management - Resource management |
| MSP Principles | - Continuous improvement - Governance - Focus on value - Transparency - Adaptability - Alignment with organizational strategy - Benefits realization |
| Governance Themes | - Planning and control - Assurance - Risk management - Decision making - Benefits management - Stakeholder engagement - Leadership and governance |
| Tailoring MSP | - Adapt to organizational context - Tailor principles, themes and processes |
| Programme Lifecycle | - Identification - Closure - Delivery - Definition |
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NEW QUESTION # 103
Which of the following defines Dis-benefit?
Answer: B
NEW QUESTION # 104
Which of the following is NOT an MSP Governance Theme?
Answer: A
NEW QUESTION # 105
Which of the following is a critical organizational element?
Answer: C
Explanation:
The critical organizational elements in MSP include Corporate strategy, Delivery mechanisms for change, and the Business as usual environment. Delivery mechanisms for change refer to the structures and processes organizations use to implement and manage changes introduced by programmes. These elements are foundational to effective governance and ensure alignment with strategic objectives. Other options like Leading change and Stakeholder engagement are important but classified differently within MSP's framework.
NEW QUESTION # 106
The programme is halfway through the first tranche. The CRO has contacted the programme manager with exciting news. They have been shown a new piece of technology which makes it easier and cheaper to service and maintain smart meters. They think that it might be possible to add this technology to future smart water meter installations without much additional cost. The programme manager has added this to the risk register.
Is this an appropriate application of the design' theme, and why?
Answer: A
Explanation:
Comprehensive and Detailed 200 to 250 words of Explanation From Exact Extract of project- programme-and-portfolio-management of 5th Edition MSP:
The Design Theme in MSP 5th Edition focuses on defining the "future state" and the path to get there. This involves the Vision, the Benefit Map, and the Target Operating Model (TOM). However, the design is not fixed; it must be open to improvements that enhance the programme's value. In risk management, a "risk" can be either a threat or an opportunity.
In this scenario, the new technology represents an opportunity-an uncertain event that would have a positive impact on objectives (reducing maintenance costs). Option A is correct because adding this opportunity to the risk register allows the programme to evaluate whether it should be "exploited" or
"enhanced." This is a correct application of the Design Theme because it relates to a potential change in the technical design of the programme's output (the smart meters) to deliver better value. By recording it in the risk register, the programme manager ensures it is formally assessed for its impact on the TOM and the Business Case before being incorporated into the design.
NEW QUESTION # 107
Which of the following is not correct about 'Leading change'?
Answer: C
Explanation:
'Leading change' principle in MSP focuses on driving transformation through the right leadership, engaging stakeholders actively, and fostering innovative solutions. However, getting approval from the sponsoring group is not considered part of this principle but rather a responsibility addressed in programme organization under governance themes. Approval processes are formalized separately from the leadership approach.
NEW QUESTION # 108
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