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P3OF Online Practice Questions and Answers

Questions 4

Which is an area where improvement targets and related Key Performance Indicators should be set?

A. Improved portfolio balance in terms of overall risk and lifecycle stages

B. Greater independence from strategic objectives

C. Increased number of projects in start-up at any one time

D. Increased number of programmes scoring amber or red at a gated review

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Questions 5

P3O model?

A. Risk management

B. Programme planning

C. Secretariat support

D. Strategic planning or portfolio support

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Questions 6

Which applies to the Define' process in the permanent P3O model lifecycle?

A. Can commence once the Mandate for change has been received

B. Will be the same for every P3O implementation, irrespective of the size of the P3O

C. Requires careful planning to ensure continued alignment with strategic objectives throughout implementation

D. Is the same as the process used to set up temporary P3Os

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Questions 7

Which is NOT a functional role?

A. Benefits and Value

B. Information Management

C. Project Officer

D. Planning

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Questions 8

Which is needed when getting the investment for a P3O?

A. Independence of assurance services

B. Defined portfolio of change

C. Provision of secretariat services

D. Recognition of the need for change

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Questions 9

Who, as a minimum, should review the resourcing of a Programme Office whilst it is running?

A. Head of P3O and P3O Sponsor

B. Head of Programme Office and Programme Manager of the relevant programme

C. P3O Sponsor and Portfolio Analyst

D. Head of COE and Programme Specialist

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Questions 10

Which factor will NOT influence the size of a P3O?

A. Number and type of functions it will deliver

B. Size of the programmes and projects it will support

C. Budget of the programmes and projects it will support

D. Training requirements for its members of staff

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Questions 11

How should the Head of P3O overcome the barrier of `lack of focus on the full P3O model'?

A. Gain acceptance of component offices delivered in tranches

B. Build a vision and Business Case

C. Develop minimalist processes with tailoring guidelines

D. Address culture changes through targeted communications

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Questions 12

What question regarding business change governance support and enablement relates to business change design?

A. Are we getting the business benefits?

B. Are we doing the right things?

C. Are we getting things done well?

D. Are we doing things the right way?

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Questions 13

Which is a function of strategic mapping software?

A. Distributes and shares learning among the PPM community

B. Models an organization's systems and processes

C. Matches programmes and projects to portfolio benefits and outcomes

D. Supports a common, integrated approach to risk management

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Exam Code: P3OF
Exam Name: Portfolio, Programme and Project Offices® Foundation
Last Update: May 01, 2024
Questions: 150 Q&As

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