MSP FOUNDATION EXAM QUESTIONS
AND ANSWERS
Programme - Correct Answers -A temporary structure designed to lead multiple
interrelated projects and other work in order to progressively achieve outcomes of
benefit for one or more organisations.
Enterprise Agility - Correct Answers -A condition of an organisation that is able to be
flexible and responsive to drivers in its environment. Programme management enables
enterprise agility.
Also called corporate agility or organisational agility
Three Lenses of MSP Framework - Correct Answers -Principles, processes and themes
principles - Correct Answers -Guiding obligations to achieve value from the programme
Themes - Correct Answers -Essential aspects of governance and controls
Process - Correct Answers -Incremental lifecycle that's is flexible and adaptable yet
enables an orderly progression with clear decision criteria
Principle: Lead with Pupose - Correct Answers -Envisioning and communicating the
desired outcomes
Principle: collaborate across boundaries - Correct Answers -Facilitating effective cross
organisational governance
Lead with purpose is achieved by - Correct Answers -Providing clarity for stakeholders
Maintain a compelling vision of target operating model
Justifying financial viability over time
Planning delivery in most appropriate way
Supporting curation of knowledge
Designing three lines of defence
Gathering analysing and presenting decision ready info
Cross organisational governance is managed by - Correct Answers -Maintaining
mechanisms for organisational units and stakeholders to adapt
Articulating benefits
,Implementing governance for financial decision making
Developing a unified view
Ensure approaches used to make decisions in light of new info can work across multi
organisational governance
Principle: Deal with ambiguity - Correct Answers -Understanding the risks associated
with descisions
Ambiguity is dealt with by - Correct Answers -Defining appetite for risk
Facilitating transparency, information sharing and evidence based decision making
Providing clear view of current thinking and risks perceived
Reflecting uncertainty of estimates and specific risks in the business case
Providing manageable tranches of delivery that contribute to clear intermediate landing
points
Making Knowledge clearer and accessible
Adopting a risk based approach that focuses on resources on areas where greater
certainty would be valuable
Explicitly considering upsides and downsides of decisions
Principle: align with priorities - Correct Answers -Adapting to new information and
emergent change
Aligning priorities achieved by - Correct Answers -Adapting structures, roles and
responsibilities over time to provide oversight and alignment to business operations
Revisiting the benefits, target operating model and associated risk
Reflecting new info in business case
Adjusting content of tranches
Support stakeholders to understand priorities
Prioritise assurance observation and action plans to reflect risks
Report historic performance and emerging trends
Principle: Deploy diverse skills - Correct Answers -Meeting the changing needs of the
work
Deploy diverse skills achieved by: - Correct Answers -Providing oversight of
development of required capabilities and resource capabilities
Providing clarity on necessary skills for target operating model to work
Visibility of incremental costs in budget
Planning delivery using appropriate mix of resources
Supporting stakeholders to gain knows needed
Allocated right resources to assurance activities
Analysing data to forecast the impact on capacity and capabilities of investing
organisations
Principle: Realise measurable benefits - Correct Answers -Designing and delivering
coherent organisational capabilities
, Realising benefits is achieved by - Correct Answers -Engage stakeholders
Ensure 2 way comma about outcome of benefit
Benefits are measurable
Ensuring outcomes of benefits are embedded with intermediate landing points
Focused assurance on risk affecting outcomes of benefit over time
Keeping the decision making focus at programme level
Principle: Bring Pace and value - Correct Answers -Justify the investment in programme
management to stakeholders
Pace achieved by - Correct Answers -Focus on establishing governance that empowers
decision making as close to bau as possible
Keeping vision, benefits and target operating model clear and aligned to priorities
Expressing design and structure in financial terms
Encouraging lessons learned
Planning assurance
Working within limits of authority only escalating when needed
Programme governance - Correct Answers -The framework of authority and
accountability applied by the investing organisations to control the work and ensure the
creation of value
Corporate Governance - Correct Answers -The means by which an organisation is
directed and controlled. At the level of legal entity corporate governance is focused on
maintaining a sound system of internal control by which directors and officers of
organisation ensure that effective management systems in place to protect assets,
earning capacity and the reputation of the organisation.
What does MSP use for risk and issue management - Correct Answers -Plan act check
do cycle
Define plan in pacd cycle - Correct Answers -Understand the current situation clearly
before proceeding. This might include establishing risk tolerance or analysing current
programme environment and budget assigned
Define do in pacd cycle - Correct Answers -When the specific steps required are
performed for example identifying, prioritising and responding to risk
Define check phase in pdca cycle - Correct Answers -Phase where activity done in do
are validated
Define act in pdca cycle - Correct Answers -When validated actions are put into
practice. Where continual improvement happens
AND ANSWERS
Programme - Correct Answers -A temporary structure designed to lead multiple
interrelated projects and other work in order to progressively achieve outcomes of
benefit for one or more organisations.
Enterprise Agility - Correct Answers -A condition of an organisation that is able to be
flexible and responsive to drivers in its environment. Programme management enables
enterprise agility.
Also called corporate agility or organisational agility
Three Lenses of MSP Framework - Correct Answers -Principles, processes and themes
principles - Correct Answers -Guiding obligations to achieve value from the programme
Themes - Correct Answers -Essential aspects of governance and controls
Process - Correct Answers -Incremental lifecycle that's is flexible and adaptable yet
enables an orderly progression with clear decision criteria
Principle: Lead with Pupose - Correct Answers -Envisioning and communicating the
desired outcomes
Principle: collaborate across boundaries - Correct Answers -Facilitating effective cross
organisational governance
Lead with purpose is achieved by - Correct Answers -Providing clarity for stakeholders
Maintain a compelling vision of target operating model
Justifying financial viability over time
Planning delivery in most appropriate way
Supporting curation of knowledge
Designing three lines of defence
Gathering analysing and presenting decision ready info
Cross organisational governance is managed by - Correct Answers -Maintaining
mechanisms for organisational units and stakeholders to adapt
Articulating benefits
,Implementing governance for financial decision making
Developing a unified view
Ensure approaches used to make decisions in light of new info can work across multi
organisational governance
Principle: Deal with ambiguity - Correct Answers -Understanding the risks associated
with descisions
Ambiguity is dealt with by - Correct Answers -Defining appetite for risk
Facilitating transparency, information sharing and evidence based decision making
Providing clear view of current thinking and risks perceived
Reflecting uncertainty of estimates and specific risks in the business case
Providing manageable tranches of delivery that contribute to clear intermediate landing
points
Making Knowledge clearer and accessible
Adopting a risk based approach that focuses on resources on areas where greater
certainty would be valuable
Explicitly considering upsides and downsides of decisions
Principle: align with priorities - Correct Answers -Adapting to new information and
emergent change
Aligning priorities achieved by - Correct Answers -Adapting structures, roles and
responsibilities over time to provide oversight and alignment to business operations
Revisiting the benefits, target operating model and associated risk
Reflecting new info in business case
Adjusting content of tranches
Support stakeholders to understand priorities
Prioritise assurance observation and action plans to reflect risks
Report historic performance and emerging trends
Principle: Deploy diverse skills - Correct Answers -Meeting the changing needs of the
work
Deploy diverse skills achieved by: - Correct Answers -Providing oversight of
development of required capabilities and resource capabilities
Providing clarity on necessary skills for target operating model to work
Visibility of incremental costs in budget
Planning delivery using appropriate mix of resources
Supporting stakeholders to gain knows needed
Allocated right resources to assurance activities
Analysing data to forecast the impact on capacity and capabilities of investing
organisations
Principle: Realise measurable benefits - Correct Answers -Designing and delivering
coherent organisational capabilities
, Realising benefits is achieved by - Correct Answers -Engage stakeholders
Ensure 2 way comma about outcome of benefit
Benefits are measurable
Ensuring outcomes of benefits are embedded with intermediate landing points
Focused assurance on risk affecting outcomes of benefit over time
Keeping the decision making focus at programme level
Principle: Bring Pace and value - Correct Answers -Justify the investment in programme
management to stakeholders
Pace achieved by - Correct Answers -Focus on establishing governance that empowers
decision making as close to bau as possible
Keeping vision, benefits and target operating model clear and aligned to priorities
Expressing design and structure in financial terms
Encouraging lessons learned
Planning assurance
Working within limits of authority only escalating when needed
Programme governance - Correct Answers -The framework of authority and
accountability applied by the investing organisations to control the work and ensure the
creation of value
Corporate Governance - Correct Answers -The means by which an organisation is
directed and controlled. At the level of legal entity corporate governance is focused on
maintaining a sound system of internal control by which directors and officers of
organisation ensure that effective management systems in place to protect assets,
earning capacity and the reputation of the organisation.
What does MSP use for risk and issue management - Correct Answers -Plan act check
do cycle
Define plan in pacd cycle - Correct Answers -Understand the current situation clearly
before proceeding. This might include establishing risk tolerance or analysing current
programme environment and budget assigned
Define do in pacd cycle - Correct Answers -When the specific steps required are
performed for example identifying, prioritising and responding to risk
Define check phase in pdca cycle - Correct Answers -Phase where activity done in do
are validated
Define act in pdca cycle - Correct Answers -When validated actions are put into
practice. Where continual improvement happens
