P3OF Online Practice Questions and Answers

Which role has the authority to champion the setup of a P3O set-up?

A. Head of Programme Office

B. Head of P3O

C. Portfolio Analyst

D. P3O Sponsor

Why do senior managers need to agree on which PPM problems they rate as critical?

A. Defines a portfolio prioritization and optimization technique

B. Allows the P3O Sponsor to gain consensus on a common P3O vision

C. Justifies to senior management the investment in a P3O

D. Defines the lifecycle for implementing a permanent P3O

Which is a specific benefit of the skills development and maintenance technique?

A. Improves collaboration between resources working in different locations

B. Allows access to PPM information by all levels of an organization

C. Reduces ineffective management of workshops

D. Allocates appropriately skilled resources to PPM roles

Which information should a P3O Business Case typically contain?

A. Risks involved in implementing a P3O model

B. Definition of the future state of the P3O

C. Resource requirements to deliver the portfolio of change initiatives

D. Risks involved in delivering the portfolio of change initiatives

What is the definition of a portfolio?

A. The way the business normally achieves its objectives

B. Implementation of related projects to deliver benefits related to the organization's strategic objectives

C. Totality of an organization's investment in the changes required to achieve its strategic objectives

D. Collection of strategic processes that enable the balance of organizational change and business as usual

Which is NOT a functional role?

A. Benefits and Value

B. Information Management

C. Project Officer

D. Planning

Which is NOT a use of integrated tools?

A. Links information across business change initiatives in a hierarchical manner

B. Allows multiple people to access multiple sets of information

C. Supports a single business change initiative with multiple users

D. Uses a single installation of the tool across the organization

Which should be documented in a Blueprint?

A. Benefit Profiles for individual benefits to be delivered by the P3O

B. Transition plans for the implementation of business change into business as usual

C. Need for Business Cases for mission-critical programmes to be reported to the Portfolio Board

D. Actual Highlight Reports issued by individual projects

What is a portfolio, programme and project management standards office?

A. Organization Portfolio

B. Hub Portfolio

C. Programme

D. COE

What should a P3O recommend for 'must do' changes?

A. Should be stopped immediately

B. Must be completed before new changes are started

C. Should be realigned to existing objectives

D. Should be included in the portfolio to maintain business as usual