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| Section | Weight | Objectives |
|---|---|---|
| Functions and Services of P3O | 25% | - Portfolio, programme and project support - Decision support and governance - Tools, techniques and reporting |
| P3O Models and Structures | 20% | - Types of P3O models (centralized, decentralized, hub, virtual) - Factors influencing model design - Components: portfolio, programme, project offices |
| Implementation and Operation | 15% | - Maintaining and improving performance - Business case and value measurement - Establishing and implementing a P3O |
| Introduction to P3O | 15% | - Purpose and value of P3O - Key concepts and definitions - Relationship with PRINCE2, MSP, M_o_R |
| Principles and Success Factors | 10% | - Critical success factors and risks - Underlying principles of P3O |
| Roles and Responsibilities | 15% | - Key roles within P3O - Competencies and skills required |
Question 1
Which is an underlying success factor of a P3O model with Hub Portfolio Offices that enables appropriate localized application of standards?
A. Tailoring core standards to meet local need
B. Following a clearly defined business strategy
C. Reviewing the Blueprint regularly
D. Planning resource capacity at a local level
Question 2
What is a portfolio, programme and project management standards office?
A. Hub Portfolio
B. COE
C. Programme
D. Organization Portfolio
Question 3
Which of the following are key responsibilities of the Portfolio Analyst role?
1. Balance the portfolio in terms of strategic change against business as usual
2. Make recommendations on an appropriate programme/project balance
3. Provide a fast-track programme mobilization support service
4. Highlight problems relating to project interdependencies
A. 1,2,4
B. 2,3,4
C. 1,3,4
D. 1,2,3
Question 4
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
Question 5
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. 1,2,4
B. 2,3,4
C. 1,3,4
D. 1,2,3
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: C |
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