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| Section | Objectives |
|---|---|
| Programme Lifecycle | - Definition - Closure - Delivery - Identification |
| Tailoring MSP | - Tailor principles, themes and processes - Adapt to organizational context |
| Governance Themes | - Risk management - Decision making - Assurance - Benefits management - Leadership and governance - Planning and control - Stakeholder engagement |
| Key Practices | - Quality management - Information management - Resource management - Issue and change management |
| MSP Principles | - Focus on value - Adaptability - Continuous improvement - Governance - Benefits realization - Transparency - Alignment with organizational strategy |
>> Exam MSP-Practitioner Exercise <<
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NEW QUESTION # 122
Which of following documents are parts of governance themes?
Answer: B
NEW QUESTION # 123
The CFO has informed the programme board that the predicted increase in electricity and gas customer numbers is too optimistic. The BCM has produced new targets based on this new information. The programme manager has updated the target operating model to reflect this.
Is this an appropriate application of the 'align with priorities' principle, and why?
Answer: C
Explanation:
Comprehensive and Detailed 200 to 250 words of Explanation From Exact Extract of project- programme-and-portfolio-management of 5th Edition MSP:
The principle of 'Align with priorities' in MSP 5th Edition dictates that a programme must remain consistent with the strategic direction of the organization, which is often subject to change due to internal or external factors. This principle ensures that the programme continues to deliver value and remains viable throughout its lifecycle. A critical component of this alignment is the Target Operating Model (TOM), which describes the future state of the organization once the programme's outcomes are embedded.
In this scenario, the CFO provides updated financial and market realities suggesting that previous growth targets were unrealistic. By updating the target operating model, the Programme Manager is ensuring that the vision of the "future state" remains realistic and aligned with the revised organizational priorities.
According to MSP guidance, the TOM is not a static document created at the start and then shelved; it must be refined as the programme progresses and as the corporate context evolves. Option A is correct because it acknowledges the iterative nature of the TOM. While benefits (Options C and D) will certainly be affected, the question asks about the application of the principle to the TOM update. Ensuring the TOM reflects current strategic reality is a primary way to maintain alignment with organizational priorities, preventing the programme from delivering a future state that the business no longer desires or cannot sustain.
NEW QUESTION # 124
UU has partnered with a supplier who has expertise in training and change management. The supplier will provide a virtual change office function, helping staff in the business prepare for the significant transformation ahead and ensuring that the benefits will be realized. However, these change management services are very costly.
Is this an appropriate application of the 'justification' theme, and why?
Answer: B
Explanation:
Comprehensive and Detailed 200 to 250 words of Explanation From Exact Extract of project- programme-and-portfolio-management of 5th Edition MSP:
The 'Justification' theme in MSP 5th Edition is central to the programme's lifecycle, ensuring that the investment remains desirable, viable, and achievable. It is not simply about choosing the cheapest option; it is about ensuring that the expenditures made are necessary to secure the projected benefits. This is often referred to as the "Value for Money" assessment.
In this case, the use of a specialized external change office is a strategic decision to mitigate the risk of "value leakage"-where benefits are lost because the organization fails to adopt the new ways of working. Option A is the correct answer because MSP 5th Edition explicitly states that the costs of a programme (including specialized support services) must be weighed against the scale of the transformation and the value of the benefits at risk. If the transformation is "significant," as described, the cost of expert change management is often a necessary investment to ensure the Target Operating Model is successfully reached. Option B is incorrect as it describes "contingency" incorrectly; justification is about the primary investment, not just using leftover savings. Option C is a management choice but does not invalidate the justification principle if external expertise is deemed more effective. The justification theme requires the Senior Responsible Owner (SRO) to continually validate that the costs of these services are outweighed by the improved likelihood of benefit realization.
NEW QUESTION # 125
The programme is in the middle of Tranche 2 and a new SRO has been appointed. In order to understand the current status of the programme, the SRO has asked for a health check to be carried out. The health check was not in the assurance plan, and there is no budget available to pay for an external auditor. As a result, the programme manager has agreed with the SRO that a senior member of the portfolio office, who is acting as the programme office lead, should complete the health check instead.
How well does this action by the programme manager apply the 'assurance' theme, and why?
Answer: B
Explanation:
Comprehensive and Detailed 200 to 250 words of Explanation From Exact Extract of project- programme-and-portfolio-management of 5th Edition MSP:
The Assurance Theme in MSP 5th Edition emphasizes that assurance should be risk-based and proportional.
While independence is a success factor, the framework also recognizes that "internal" assurance-conducted by individuals with the right skills who are not the direct project managers-is a valid and necessary part of the assurance landscape.
In this scenario, the Programme Office Lead (who is a senior member of the portfolio office) is tasked with the health check. Option A is the correct answer because, within the MSP 5th Edition guidance, the Programme Office is responsible for providing standards, support, and "second-line" assurance. Even if the health check was not in the original Assurance Plan, MSP is designed to be flexible; an SRO has the authority to request ad-hoc assurance if they perceive a risk or need to understand the status of a transformation. The Programme Office Lead possesses the specialized knowledge of MSP processes and organizational standards to identify areas of concern. While an external auditor (third-line) offers more independence, the internal lead provides a cost-effective and immediate source of expertise to meet the SRO's needs. The key is that the person conducting the check must have the requisite skills to evaluate the programme against its defined governance and objectives, which a senior portfolio office member is expected to possess.
NEW QUESTION # 126
Which of following is False?
Answer: B
NEW QUESTION # 127
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