P3O-Foundation Sample 2 P3O-Foundation Sample 2 1 / 75 Which is NOT included within the definition of project management? Planning a project Monitoring a project Achieving outcomes Motivating a team 2 / 75 In a Hub connected by spokes model, which roles are responsible for ensuring the overall integrity and coherence of the portfolio? Head of Project Office Planning Head of Hub Programme Office Head of COE 3 / 75 How does a P3O model significantly contribute to an organization’s chances of successfully delivering its strategy? Makes decisions on the right priorities for the organization. Provides advice and guidance on the day to day running of the business. Maintains the risk registers for the organization’s projects. Maintains an overview of all business change programmes and projects. 4 / 75 Which would be appropriate for learning reviews. Ad-hoc after-action reviews Planned post implementation reviews Pre-project peer reviews Programme and Project Assurance 1,2,3 1,2,4 1,3,4 2,3,4 5 / 75 What is the objective of the business process swim lanes technique? Analyze the benefits of implementing a P3O against the related costs. Define the processes to be followed by one project. Document standard, repeatable business processes Ensure the right skills are available to deliver business processes. 6 / 75 Which of the following options describes how the P3O helps the Organization deliver its strategy: At its best, a P3O model is an integral part of ensuring that: The strategies and performance requirements of an organization are realized via projects, programmes and operational business units The organization’s business processes are clearly defined, and senior managers own and are responsible for appropriate process areas The senior management team add value as a cohesive unit and each individual is accountable An integrated set of outcomes and benefits is measured, managed, monitored, and refined to ensure that optimal investment and strategic goals are achieved All four options are true Only the first and second options are true Only the first and fourth options are true None of these options are true 7 / 75 Which activity occurs within the ‘Define’ process in the permanent P3O lifecycle? Receive the original idea to enhance the P3O model Appoint the Senior Responsible Owner to implement the enhanced P3O model Review progress at the end of each tranche Document how the benefits of the P3O model will be tracked 8 / 75 “Programme managers have a central point for standards and templates”, is an advantage of which underlying success factor for temporary offices? Centrally documented programme or project standards and templates A consistent approach to programme and project management training An established heads of programme/project offices forum A portfolio analyst’s role description 9 / 75 Which is an underlying success factor for a Virtual P3O model? Predictability of project and programme delivery is increased PPM standards owned by a senior PPM professional A minimum P3M3 maturity level of 1 is achieved Local variations to standards start to emerge 10 / 75 What tool connects data in a structured hierarchy to support various business transformation projects? Individual Collaborative Integrated Assurance 11 / 75 Which is provided by a P3M3 assessment when getting the investment for a P3O? Documented future state Blueprint Replacement for a P3O Value Matrix Identified and analyzed stakeholders Understanding of the underlying PPM issues 12 / 75 What does NOT describe a P3O model element? Permanent office supporting delivery of a portfolio within a geographical region Office supporting delivery of a specific change initiative Total structure delivering business as usual services across an organization Unit defining PPM standards across an organization 13 / 75 Which is NOT a likely threat to achieving a future state Blueprint? Resistance from PPM staff members who are impacted by the P3O implementation Insufficient support from senior managers to recruit required skills More effective use of PPM resources Use of inconsistent language by PPM staff members when implementing a P3O 14 / 75 Which of the following would form part of a step improvement plan for a P3O? Suppliers that contribute to the business changes required will require a central point of contact for the management of the supplier relationship. Senior managers with responsibility for prudent investment and strategy realization at the portfolio level, who are looking for timely and concise information. The customer/user community to which change is being delivered, which needs to be reassured that change will happen with minimum disruption to business as usual. Move the organization from support at the project level through to assurance and decision support at the portfolio level. 15 / 75 Which is a functional area within a P3O model? Model with hub and spoke offices COE services Virtual P3O model Flexible resource pool 16 / 75 What services or functions should be offered by a Center of Excellence (COE)? The standards to be applied to information management and provide appropriate tools to allow for ease of roll up of information The standard method of working (such as tailored uses of MSP, PRINCE2 and M_o_R and assure use across the portfolio A comprehensive set of data to enable governance decisions and be resourced with the right level of expertise and competence Only the first and second is true All three are true Only the second and third are true None are true as a Centre of Excellence is not part of the P3O model 17 / 75 What does PPM stand for? Portfolio, Programme and Project Management (including Value and Risk Management) Portfolio, Programme, Project Maturity People, Process and Product Management (including Value and Risk Management) Project, Programme and Portfolio Matrix 18 / 75 Which tool aids senior managers in identifying their primary challenges and the services that should be delivered through the P3O model? Business process swim lanes Knowledge management software Capacity planning for resource management P3O Value Matrix 19 / 75 Why should the outline Vision Statement provide a clear link to an organization’s business strategy? Justify the investment in a P3O model Connect the implementation of a P3O to an organization’s success Document the processes that will be used to operate a P3O Determine the governance to be applied to the P3O implementation programme 20 / 75 What element of the Blueprint should reflect the proposed reporting requirements for the future state P3O? Risks to successfully setting up the P3O Organization structure Benefits Management Strategy Risk Management Strategy 21 / 75 Which is a typical service offered as part of a delivery support function? Deploying experienced Project Managers to manage project delivery Supporting decision-making through management dashboards Developing consistent working practices for PPM staff Providing independent assurance of project delivery 22 / 75 Which of the following is an AXELOS best practice guide? Managing Successful IT Service Agile project management Business as usual improvements Management of Value 23 / 75 Which of the following statements about how the P3O size is influenced by organizational factors are true? The size of the organization has little or no The strategic objectives of the organization have an Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 is true 24 / 75 Which of the following statements about processes for an existing temporary office are true? Defined information flows for the supported programme should be implemented Resources within the Portfolio Office should be managed Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 is true 25 / 75 What does a P3O Business Case identify? Current PPM maturity Detailed services that should be offered by the P3O model Value that a P3O model adds to the business change portfolio Key stakeholders in the P3O implementation 26 / 75 Which role is primarily responsible for the implementation of good programme and project management practice? Quality Assurance Planning and estimating Portfolio Analyst Programme or Project Specialist 27 / 75 What service does a Temporary Office model provide to a programme? Setting standards for programmes to follow Providing a flexible resource pool of programme staff Supporting prioritization of programmes within the portfolio Assisting Programme Managers in collecting data 28 / 75 Which role has a responsibility to work with the programme team to develop effective strategies for monitoring the programme? Portfolio Analyst P3O Sponsor Head of Programme Office Programme Officer 29 / 75 Which does NOT describe services delivered by the appropriate office within a P3O? Portfolio Offices should facilitate the optimization of business change activities. Portfolio Offices should be compatible with business-as-usual governance structures. Programme Offices should assist in delivering programmes consistently and well. Project Offices should compare the consistency of different projects. 30 / 75 Three ways of utilizing P3O tools are identified. Which is NOT one of those ways? Networked Individual Collaborative Integrated 31 / 75 Which non-PPM function may a P3O provide? Support in prioritizing investment Provision of scrutiny and challenge of programme reports Secretariat service to management boards Effective governance 32 / 75 Which group of stakeholders is the MOST probable to be the recipients of portfolio-level reports? Portfolio Board External stakeholders Programme Board Delivery support 33 / 75 What should balance the value a P3O will give to an organization against the constraints? Business Case Blueprint Phased implementation plan Stakeholder analysis 34 / 75 Which P3O capability will ensure money is not wasted on expensive “just in time” resources? Maximization of returns from investment Proactive identification and resolution of conflicts and competition for scarce and costly staff Monitoring progress on programmes and projects against key outcomes Business as usual service management improvements 35 / 75 Which is NOT a reason why a P3O should measure Key Performance Indicators? Maintain commitment from stakeholders over time Justify the programmes within the portfolio Measure success of a P3O implementation Set overall targets for improvement 36 / 75 Which of the following represents a stakeholder? A classification of things A group of projects within a programme Someone who thinks they are impacted by a change A type of RACI model 37 / 75 What should a P3O define in order to align its governance with the wider organization? Corporate governance Information assurance Non-PPM functions Rules for escalating information 38 / 75 Definition activity 4 develops the P3O Blueprint. This Blueprint will consist of which of the following sections (names): Organization Processes Operational costs and performance levels Strategic Goals Tools and Technologies Information Flows Only the third and fifth are NOT sections of the P3O Blueprint Only the first five are sections of the P3O Blueprint None of these six are sections of the P3O Blueprint Only the fourth is NOT a section of the P3O Blueprint 39 / 75 What type of role is a Project Officer? Consultancy Functional Generic Management 40 / 75 Which is one of the three main concepts of Information Assurance? Integration Governance Criticality Confidentiality 41 / 75 Why should recycling be done as part of implementing a temporary Project Office? Identify methods that can be used by other Project Offices Define the future state Blueprint for a Project Office Justify the development of a permanent P3O Recycle staff back into operations 42 / 75 Which approach offers the advantage of enabling ‘easier access to key information by all levels of the Organization, compared with traditional approaches of detailed policy guides and PPM handbooks’. Information Portal Portfolio Prioritization and Optimization Skills Development and Maintenance Management Dashboards 43 / 75 Which P3O model includes permanent decentralized offices with temporary Programme Offices, as required? Delivery support Model with Virtual P3O Model with Hub and Spoke Offices Model with Organization Portfolio Office 44 / 75 Which is NOT an activity within ‘Identify the P3O’ in the permanent P3O model lifecycle? Create the initial justification for the P3O Define the competencies and skills required for the P3O Define how the success of the P3O will be measured Determine what P3O services are currently being provided 45 / 75 How should internal resources be treated when appointed to a Project Office? Have a temporary rise in status which should be removed when they return to operations Have a career path developed as part of working in a P3O Will work permanently in the Project Office Acquire no additional skills before they return to operations 46 / 75 What is the reason for creating operational business plans at the portfolio level? Report on business performance improvements Identify planned changes to business operations Meet P3O regular reporting requirements Provide an input into transition planning 47 / 75 What technique ensures that a programme is objectively assessed so that the lifecycle and governance applied are fit for purpose? Gated reviews Complexity modelling Facilitation – workshop techniques Knowledge management 48 / 75 Which one of the following does not pertain to governance? Business Change Strategy Business Change Design Business Change Awareness Business Change Value 49 / 75 Why should rules relating to escalation of risks be agreed in a P3O model with multiple offices? Enable a decision to be made by the right group based on the right information. Allow every decision to be made at organizational board level. Allow every Programme Manager to display risk information in a different way. Enable multiple sources for a single piece of risk data. 50 / 75 Which of the given options explains why does the Definition Stage of a Permanent P3O demand meticulous planning? To design the future state P3O Blueprint and develop governance strategies to ensure it continues to align with strategic objectives. To design the vision, articulated with energy and enthusiasm by the SRO, ensuring ‘buy in’ and selling the concept to the Sponsoring Group To carefully assess the current state of P3O, establish what problems we are trying to resolve, set objectives and goals and define the outline business case. Deliver the new P3O model in tranches or stages. 51 / 75 Which is a strategic planning function or portfolio support function? Provision of support for escalated risks to support decision-making. Provision of a resource pool of delivery staff to programmes or projects. Development of standard methods and processes Deployment of staff at programme or project start-up 52 / 75 Which of the organizational factors has the minimal impact on the selected P3O model? Approach to organizational governance arrangements Centralization versus decentralization of core services Approach to service management Number, size, and duration of projects 53 / 75 Which is a common barrier that needs to be overcome to implement a P3O model successfully? P3O senior management champion Standards aligned with external best practice Lack of focus on delivery of a full P3O model Established programme management forum 54 / 75 What are the duties or tasks typically assigned to a Project Officer? Implement agreed regular progress-reporting Develop the terms of reference for the Project Office Own regular progress-reporting standards Advise project teams on the use of tools 55 / 75 Which office triggers post-programme reviews to assess benefits? Programme Portfolio COE Virtual 56 / 75 Which position is accountable for promoting best practices within the PPM community? Benefits Commercial Consultancy and Performance Management Information Management 57 / 75 Which describes an organization that typically adopts a Virtual P3O model successfully? Has low levels of PPM maturity Decision-making is centralized Physical office supports decision-making Has high levels of PPM maturity 58 / 75 What are the duties that should be carried out by the P3O Sponsor role? Checking that products delivered by the portfolio are fit for purpose Ensuring the P3O meets the needs of the main board Providing effective financial control to the overall portfolio Providing a consistent approach to benefits and value management 59 / 75 Which statement applies to stakeholders in the set-up of a temporary Programme Office and their needs? Are the same as the stakeholders for the setting-up of a permanent P3O Are only from other offices within the P3O Specifically include those involved in delivering the programme Their needs are not analyzed 60 / 75 Which of the following would help an organization increase its P3M3 Maturity from level 2 to level 3? Common language Consistent definitions and usage of PPM-related terms, to avoid confusion or misrepresentation A consistent approach for training, skills and competency development, owning a corporate training strategy for PPM Guidelines and support for the tailoring of methods and standards to different scales, levels of risk and the complexity of the programme and project delivery A ‘best-in-class’ P3O appears overnight in a green-field site 1,2,3 1,3,4 1,2,4 2,3,4 61 / 75 What technique provides an exception-based top-tier report with links to programme information? Management dashboards Business process swimlanes Communities of practice Complexity modelling 62 / 75 Which type of facilitated workshop is used to prioritize strategic objectives through force ranking? Benefits modelling Business solution Portfolio priorities Programme/project start-up 63 / 75 What office is part of a centralized P3O model that can be used in any size of organization? Organization Portfolio Hub Virtual Temporary 64 / 75 In what ways does a P3O model make a substantial impact on an organization’s likelihood of effectively executing its strategic initiatives? Makes decisions on the right priorities for the organization Provides advice and guidance on the day to day running of the business Maintains the risk registers for the organization’s projects Maintains an overview of all business change programmes and projects 65 / 75 Which statements regarding the process of developing a balanced portfolio is FALSE? It is necessary to take into account both operational and strategic priorities. When resources are limited, existing programmes / projects should have priority over new initiatives. Termination of existing change initiatives not aligned to an organization’s strategic objectives may be necessary. Operational improvements may be stopped while projects offering greater strategic contribution are delivered. 66 / 75 What is the following a definition of? (according to P3O Guidance) ‘Permanent Office set up to support the definition and delivery of a portfolio of change across the entire Organization or enterprise.’ Centre of Excellence (COE) P3O Model Organization Portfolio Office Programme Office 67 / 75 What technique uses communities of practice to share learning? Assurance, gated reviews, and health checks Project complexity modelling Knowledge management Management dashboards 68 / 75 Which is a true statement about P3O and COE reporting lines? If the P3O model is to truly add value, it should… Be managed personally by a main board director Ultimately report to a main board director Report to the Centre of Excellence Report to HR or IT who are usually the change agents for the Organization 69 / 75 Which of the following statements about a distributed model are true? Staff are co-located. Team is Only 1 is true Only 2 is true Both 1 and 2 are true Neither 1 or 2 is true 70 / 75 Which of the following is not a part of the process when identifying the issues that a P3O must address? P3M3 Maturity assessment Demonstrating value A P3O Value Matrix Analysis of recent issues and reviews 71 / 75 Which of the following are purposes of the Programme Specialist role? Play a proactive role in sharing Assist in implementing the best programme management Play a proactive role in promoting programme management Improve programme monitoring by collecting and maintaining data in a consistent 1, 2, 3 1, 2, 4 1, 3, 4 2, 3, 4 72 / 75 Which is one of the three concepts that Information Assurance in a P3O should be based upon? Availability Dependability Honesty Security 73 / 75 Which role’s purpose includes the need to develop and maintain strong connections with various segments of the organization? Portfolio Analyst Head of P3O (Permanent Office) Programme or Project Officer Programme or Project Specialist 74 / 75 Which would NOT form part of the Blueprint for a P3O? Business benefits Operational costs Performance levels Information flows 75 / 75 What does a P3O model provide to support the principle of ‘govern effectively’? Provides senior managers with PPM coaching and training. Facilitates a Gated Review process that is independent of programmes and projects. Provides assurance that the correct benefits have been identified by tracking benefits. Ensures that logging risks and issues is a higher priority than maintaining the portfolio register. Your score is 0% For more sample papers, refer the links below: P3O-Foundation Sample 1