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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Roles and Responsibilities | 15% | - Key roles within P3O - Competencies and skills required |
| Topic 2: Principles and Success Factors | 10% | - Underlying principles of P3O - Critical success factors and risks |
| Topic 3: Functions and Services of P3O | 25% | - Portfolio, programme and project support - Decision support and governance - Tools, techniques and reporting |
| Topic 4: Implementation and Operation | 15% | - Establishing and implementing a P3O - Maintaining and improving performance - Business case and value measurement |
| Topic 5: P3O Models and Structures | 20% | - Factors influencing model design - Types of P3O models (centralized, decentralized, hub, virtual) - Components: portfolio, programme, project offices |
| Topic 6: Introduction to P3O | 15% | - Purpose and value of P3O - Relationship with PRINCE2, MSP, M_o_R - Key concepts and definitions |
Question 1
Which is an underlying success factor of a P3O model with Hub Portfolio Offices that enables appropriate localized application of standards?
A. Reviewing the Blueprint regularly
B. Following a clearly defined business strategy
C. Planning resource capacity at a local level
D. Tailoring core standards to meet local need
Question 2
Which is a typical constraint which impacts on how a P3O is implemented?
A. Pace of change must take into account current P3M3 maturity
B. P3O governance must align with existing corporate governance
C. P3O assurance services must be independent
D. Quality, standardized data is needed
Question 3
What is defined as a temporary, flexible organization created to coordinate the implementation of a set of related projects and activities?
A. Project
B. Portfolio
C. Business as usual
D. Programme
Question 4
Which of the following statements about how a P3O should integrate with the wider organization are true?
1. Operates independently of other functions within the organization
2. Typically relies on dedicated full-time resources to provide financial functions needed
A. Only 2 is true
B. Only 1 is true
C. Both 1 and 2 are true
D. Neither 1 or 2 is true
Question 5
Which of the following statements about how a P3O should integrate with the wider organization are true?
1. Operates independently of other functions within the organization
2. Typically relies on dedicated full-time resources to provide financial functions needed
A. Only 2 is true
B. Only 1 is true
C. Both 1 and 2 are true
D. Neither 1 or 2 is true
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
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