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| Section | Weight | Objectives |
|---|---|---|
| Principles and Success Factors | 10% | - Critical success factors and risks - Underlying principles of P3O |
| Functions and Services of P3O | 25% | - Portfolio, programme and project support - Tools, techniques and reporting - Decision support and governance |
| P3O Models and Structures | 20% | - Factors influencing model design - Types of P3O models (centralized, decentralized, hub, virtual) - Components: portfolio, programme, project offices |
| Implementation and Operation | 15% | - Business case and value measurement - Establishing and implementing a P3O - Maintaining and improving performance |
| Roles and Responsibilities | 15% | - Competencies and skills required - Key roles within P3O |
| Introduction to P3O | 15% | - Key concepts and definitions - Relationship with PRINCE2, MSP, M_o_R - Purpose and value of P3O |
1. Which non-PPM function is often provided by a P3O in the interests of business efficiency?
A) Escalating risks and issues
B) Challenging project data
C) Scrutinising the impact of project delivery on business as usual
D) Providing a secretariat service to management boards
2. Where should an Organization Portfolio Office ultimately report?
A) Main board director
B) Head of P3O
C) Corporate services function
D) Programme Manager
3. Which receives the benefit of the governance provided by a P3O?
A) Business as usual
B) Change initiatives
C) Finance
D) Commercial
4. Which is a likely source of a threat to achieving the Blueprint?
A) Programme approach is used to implement a P3O
B) Stakeholders are identified and analysed
C) External consultants advise the programme team
D) Programme team fails to use a common language
5. What should a P3O recommend for 'must do' changes?
A) Must be completed before new changes are started
B) Should be stopped immediately
C) Should be included in the portfolio to maintain business as usual
D) Should be realigned to existing objectives
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
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