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Exin P3OF Portfolio & Programme and Project Offices Foundation Exam Practice Test

Demo: 22 questions
Total 150 questions

Portfolio & Programme and Project Offices Foundation Questions and Answers

Question 1

What technique provides the benefit of checking the quality of the decision-support information being provided to the P3O?

Options:

A.

Gated reviews

B.

Business process svvimlanes

C.

Capacity planning for resource management

D.

Management dashboards

Question 2

What is used to measure the success of a P3O?

Options:

A.

Principles for extracting value

B.

P3O Value Matrix

C.

Key Performance Indicators

D.

Complexity modeling

Question 3

What is the MOST appropriate use of project planning software for an organization at P3M3 maturity level 1?

Options:

A.

Collaborative

B.

Individual

C.

Integrated

D.

Networking

Question 4

What question regarding business change governance support and enablement relates to business change design?

Options:

A.

Are we getting the business benefits?

B.

Are we doing the right things?

C.

Are we getting things done well?

D.

Are we doing things the right way?

Question 5

Which is a typical information assurance role of a P3O?

Options:

A.

Escalating issues to senior management

B.

Providing capacity planning for the portfolio

C.

Ensuring data security requirements are assessed at the beginning of each project

D.

Booking accommodation for operational staff

Question 6

Where should an Organization Portfolio Office ultimately report?

Options:

A.

Main board director

B.

Corporate services function

C.

Programme Manager

D.

Head of P3O

Question 7

Which is an underlying success factor of a P3O model with Hub Portfolio Offices that enables appropriate localized application of standards?

Options:

A.

Tailoring core standards to meet local need

B.

Planning resource capacity at a local level

C.

Reviewing the Blueprint regularly

D.

Following a clearly defined business strategy

Question 8

Which of the following describe how an Organization Portfolio Office helps deliver change?

1. Allows the right resources to be allocated to the right programmes and projects

2. Focuses on identifying changes that align best to strategic objectives

3. Monitors progress of programmes and projects against key organizational objectives

4. Is primarily concerned with implementing the change correctly

Options:

A.

1, 2, 3

B.

1, 2, 4

C.

1, 3, 4

D.

2, 3, 4

Question 9

Which is a functional area within a P3O model?

Options:

A.

Hub Portfolio Office connected by spokes

B.

COE functions or services

C.

Virtual Office

D.

Flexible resource pool

Question 10

Which technique ensures resources with the right expertise are allocated to PPM roles?

Options:

A.

P3O information portal

B.

Skills development and maintenance

C.

Management dashboards

D.

Facilitation - workshop techniques

Question 11

Which is NOT an objective of a programme?

Options:

A.

Coordinate related projects and activities

B.

Deliver business products according to a Business Case

C.

Deliver outcomes and benefits

D.

Align outcomes to strategic objectives

Question 12

P3O model?

Options:

A.

Risk management

B.

Programme planning

C.

Secretariat support

D.

Strategic planning or portfolio support

Question 13

Which is NOT an independent assurance service provided by a P3O to a project?

Options:

A.

Co-ordinating gated reviews

B.

Facilitating lessons reviews

C.

Facilitating regular health checks

D.

Providing project support to a Project Manager

Question 14

Which applies to the Define' process in the permanent P3O model lifecycle?

Options:

A.

Can commence once the Mandate for change has been received

B.

Will be the same for every P3O implementation, irrespective of the size of the P3O

C.

Requires careful planning to ensure continued alignment with strategic objectives throughout implementation

D.

Is the same as the process used to set up temporary P3Os

Question 15

Which describes an objective of portfolio management?

Options:

A.

Collect in one place all of the information about an organization s investment initiatives

B.

Coordinate the implementation of a set of related projects and activities

C.

Enable the most effective balance of organizational change and business as usual

D.

Achieve outcomes and realize benefits that are of strategic importance to the business

Question 16

Which is a permanent office supporting the definition of a portfolio of programmes and projects within a geographical region?

Options:

A.

Organization Portfolio Office

B.

Hub Portfolio Office

C.

Programme Office

D.

Project Office

Question 17

Which is an Information Assurance concept that ensures a P3O can supply information to the business when needed?

Options:

A.

Asset management

B.

Configuration management

C.

Availability

D.

Confidentiality

Question 18

What is insufficient support to utilise or recruit required skills' in relation to implementing a P3O?

Options:

A.

Common barrier to agreeing a mandate

B.

Underlying success factor

C.

Source of a threat to achieving the Blueprint

D.

Principle for extracting value from programme and project investment

Question 19

Which is NOT a typical Key Performance Indicator which can be used to measure the success of a P3O?

Options:

A.

Increased success of programmes delivering to budget

B.

Improved portfolio balance in relation to spend on short term contract resource

C.

Increased use of implemented tools by operations staff

D.

Enhanced contribution measured against the Benefits Realization Plan

Question 20

Which is an area where improvement targets and related Key Performance Indicators should be set?

Options:

A.

Improved portfolio balance in terms of overall risk and lifecycle stages

B.

Greater independence from strategic objectives

C.

Increased number of projects in start-up at any one time

D.

Increased number of programmes scoring amber or red at a gated review

Question 21

Which of the following are critical success factors for the introduction of standard tools and techniques to the P3O model?

1. Identify the benefits a tool will provide to an organization before focussing on its features

2. Ensure the complexity of the tools and techniques matches the capability maturity of the organization

3. Implement new tools as part of an organizational change programme

4. Implement tools simultaneously across all programmes and projects

Options:

A.

1, 2, 3

B.

1, 2, 4

C.

1, 3, 4

D.

2, 3, 4

Question 22

Which defines what a P3O provides?

Options:

A.

Decision-ma king forum for Programme and Project Managers

B.

Decision-enabling model for the entire organization.

C.

Integration with governance arrangements and other corporate support functions

D.

Replacement for Programme and Project Boards

Demo: 22 questions
Total 150 questions