AIPMM
Certified Innovation Leader
READINESS EXAM GUIDE
Q&S
©2024/2025
,1. In the context of Innovation Strategic Alignment, which of
the following best describes the process of aligning
innovation projects with business strategy?
A) Prioritizing projects based on potential ROI
B) Ensuring all projects are technologically advanced
C) Aligning projects with current market trends
D) Focusing solely on customer feedback
Correct Answer: A
2. Ideation Management involves various methods to
generate ideas. Which of the following is NOT a commonly
used ideation technique?
A) Brainstorming
B) Mind Mapping
C) Six Thinking Hats
D) Cost-cutting
Correct Answer: D
3. A well-developed Business Case should include which of
the following elements?
A) An analysis of the competitive landscape
B) A detailed marketing plan
C) Financial projections and risk assessment
D) A list of potential project sponsors
Correct Answer: C
4. Knowledge Creation in an organization can be enhanced
through which of the following activities?
A) Increasing the budget for R&D
B) Encouraging cross-departmental collaboration
©2024/2025
, C) Implementing stricter management controls
D) Reducing the workforce
Correct Answer: B
5. Effective Project Planning for innovation should prioritize:
A) Quick delivery over quality
B) Flexibility to adapt to changes
C) Following a strict plan without deviations
D) Outsourcing key project components
Correct Answer: B
6. Innovation Development processes often start with:
A) A detailed financial analysis
B) A prototype or proof of concept
C) A full-scale production model
D) A patent application
Correct Answer: B
7. Strategic Alignment in innovation requires understanding
the:
A) Latest technology trends only
B) Company's core competencies and goals
C) Competitors' product offerings
D) Current stock market conditions
Correct Answer: B
8. Ideation Management is critical because it:
A) Reduces the time needed for product development
B) Ensures compliance with industry regulations
C) Helps in generating a diverse set of ideas
D) Guarantees the success of a new product
Correct Answer: C
©2024/2025
Certified Innovation Leader
READINESS EXAM GUIDE
Q&S
©2024/2025
,1. In the context of Innovation Strategic Alignment, which of
the following best describes the process of aligning
innovation projects with business strategy?
A) Prioritizing projects based on potential ROI
B) Ensuring all projects are technologically advanced
C) Aligning projects with current market trends
D) Focusing solely on customer feedback
Correct Answer: A
2. Ideation Management involves various methods to
generate ideas. Which of the following is NOT a commonly
used ideation technique?
A) Brainstorming
B) Mind Mapping
C) Six Thinking Hats
D) Cost-cutting
Correct Answer: D
3. A well-developed Business Case should include which of
the following elements?
A) An analysis of the competitive landscape
B) A detailed marketing plan
C) Financial projections and risk assessment
D) A list of potential project sponsors
Correct Answer: C
4. Knowledge Creation in an organization can be enhanced
through which of the following activities?
A) Increasing the budget for R&D
B) Encouraging cross-departmental collaboration
©2024/2025
, C) Implementing stricter management controls
D) Reducing the workforce
Correct Answer: B
5. Effective Project Planning for innovation should prioritize:
A) Quick delivery over quality
B) Flexibility to adapt to changes
C) Following a strict plan without deviations
D) Outsourcing key project components
Correct Answer: B
6. Innovation Development processes often start with:
A) A detailed financial analysis
B) A prototype or proof of concept
C) A full-scale production model
D) A patent application
Correct Answer: B
7. Strategic Alignment in innovation requires understanding
the:
A) Latest technology trends only
B) Company's core competencies and goals
C) Competitors' product offerings
D) Current stock market conditions
Correct Answer: B
8. Ideation Management is critical because it:
A) Reduces the time needed for product development
B) Ensures compliance with industry regulations
C) Helps in generating a diverse set of ideas
D) Guarantees the success of a new product
Correct Answer: C
©2024/2025
