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P3OF Online Practice Questions and Answers

Questions 4

Which role is responsible for developing a Portfolio Dependencies Register?

A. Programme Specialist

B. Portfolio Analyst

C. Reporting

D. Tools Expert

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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 of the following describe the services that a COE typically provides when a temporary Programme Office is defined?

1.

Supply standard processes, tools and templates

2.

Provide advice on tailoring processes to meet the needs of the programme being supported

3.

Act as a source of lessons learned

4.

Define the information flows required by the Programme Board

A. 1, 2, 3

B. 1, 2, 4

C. 1, 3, 4

D. 2, 3, 4

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Questions 7

Which is NOT part of running an office through to delivery' within the implementation lifecycle of a Project Office?

A. Establish the temporary Project Office staffing levels

B. Implement the Project Office functions defined within the project initiation document

C. Review project management processes so that they continue to be appropriate

D. Review use of project resources so that they continue to be appropriate

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Questions 8

Which is a responsibility of the P3O Sponsor role?

A. Ensure the portfolio delivers the required strategy

B. Secure the investment required to set up the P3O

C. Recruit the Portfolio Office staff members

D. Recommend an appropriate mix of programmes and projects

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Questions 9

Which is a purpose of the Consultancy and Performance Management role?

A. Assists with budget control

B. Creates, maintains and distributes good practice

C. Provides benefits realization support

D. Identifies, monitors and resolves issues

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Questions 10

What resource commitments should be taken into account as part of portfolio management?

A. Programme only

B. Programme and project only

C. Programme and business as usual only

D. Programme, project and business as usual

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Questions 11

Which of the following describe a decentralized P3O model?

1.

Uses hub offices to support local need

2.

Has a single office providing support to the entire organization

3.

Has a central office typically providing portfolio support

4.

Uses standards set by a central COE with local variations

A. 1,2,3

B. 1,2,4

C. 1,3,4

D. 2,3,4

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Questions 12

What role provides facilitated workshops to promote consistent project management practice?

A. Project Specialist

B. Project Officer

C. Head of Project Office D. Secretariat/administrator

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Questions 13

Which of the following describe the governance responsibilities of a P3O model?

1.

Provides the governance and control backbone for an organization's change initiatives

2.

Provides a single source for all data relating to the organization's change initiatives

3.

Implements rules for decision-making relating to programmes and projects

4.

Makes decisions on behalf of the main board

A. 1, 2, 3

B. 1, 2, 4

C. 1, 3, 4

D. 2, 3, 4

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Exam Code: P3OF
Exam Name: Portfolio, Programme and Project Offices® Foundation
Last Update: Apr 28, 2024
Questions: 150
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