P3O

Review 75 P3O practice questions with answer explanations and community insights.

Question 1

Which activity first occurs during the 'Define' process in the permanent P3O model lifecycle?

  1. Understand how stakeholders currently view the P3O functions provided
  2. Create an outline vision of the required changes to the P3O functions provided
  3. Determine in further detail the processes the P3O will operate
  4. Deliver the enhanced P3O capability

Question 2

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

  1. Programme only
  2. Programme and project only
  3. Programme and business as usual only
  4. Programme, project and business as usual

Question 3

Which is a purpose of the Head of P3O role?

  1. Provide a consultancy service to Programme and Project Managers
  2. Facilitate the development of an optimized portfolio
  3. Ensure alignment with wider policy and strategic initiatives
  4. Ensure the organization carries out the role of 'Informed Customer'

Question 4

Which factor will NOT influence the size of a P3O?

  1. Number and type of functions it will deliver
  2. Size of the programmes and projects it will support
  3. Budget of the programmes and projects it will support
  4. Training requirements for its members of staff

Question 5

How does a P3O model increase an organization's ability to deliver its strategy?

  1. Ensures current projects are unaffected by changes to policy or strategy
  2. Enables projects to efficiently develop their own financial processes
  3. Provides decision support to ensure the right projects are launched
  4. Allows senior managers to delegate their governance responsibilities
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