P3O

P3O practice questions, page 3 of 3, with answer review and explanations.

Question 11

What is defined as a temporary, flexible organization created to coordinate the implementation of a set of related projects and activities?

  1. Programme
  2. Business as usual
  3. Project
  4. Portfolio

Question 12

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

  1. Only 1 is true
  2. Only 2 is true
  3. Both 1 and 2 are true
  4. Neither 1 or 2 is true

Question 13

How can a P3O directly support effective teamwork between Programme Managers located in different regions?

  1. Appoint a P3O Sponsor for each region
  2. Implement the portfolio prioritization and optimization technique
  3. Implement standard collaborative tools
  4. Support the fast track mobilization of programmes

Question 14

What is defined as the decision-enabling and support business model for all business change within an organization?

  1. Programme
  2. P3O
  3. Project
  4. Portfolio

Question 15

Which is NOT a specific area where KPIs should be set as a minimum to measure a P3O model's success?

  1. Reduced cost of skilled resources
  2. Enhanced contribution to strategic objectives
  3. Improved portfolio balance in terms of overall risk
  4. Increased overall programme success rates in relation to benefits realization