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

Demo: 22 questions
Total 150 questions
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Portfolio & Programme and Project Offices Foundation Questions and Answers

Question 1

Which describes P3O assurance services?

Options:

A.

Independent of the programme being assured

B.

Integrated into the programme being assured

C.

Carried out by the delivery support function

D.

Supports Programme Managers in delivery

Question 2

What can be used to assess and document the current state of PPM functions?

Options:

A.

Capacity planning for resource management

B.

Complexity modelling

C.

P3O vision

D.

P3M3 assessments

Question 3

How does a P3O model increase an organization's ability to deliver its strategy?

Options:

A.

Ensures current projects are unaffected by changes to policy or strategy

B.

Enables projects to efficiently develop their own financial processes

C.

Provides decision support to ensure the right projects are launched

D.

Allows senior managers to delegate their governance responsibilities

Question 4

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 5

Which is a characteristic of the Vision Statement?

Options:

A.

Describes the current state

B.

Defines how to deliver the P3O model

C.

Links the P3O model to achievement of business goals

D.

Documents detailed processes for the P3O

Question 6

What are risk identification and risk assessment workshops typically used for?

Options:

A.

Define the relative priority of each investment objective

B.

Identify threats as part of project initiation

C.

Brainstorm objectives for a project

D.

Define measures in a Benefit Profile

Question 7

Which is a purpose of getting senior managers to buy into the benefits a P3O will deliver?

Options:

A.

Contribute to planning tranches of delivery

B.

Document the desired future state

C.

Use their influence to champion the change

D.

Implement appropriate PPM tools

Question 8

Which is a responsibility of the P3O Sponsor role?

Options:

A.

Ensure the portfolio delivers the required strategy

B.

Secure the investment required to set up the P3O

C.

Recruit the Portfolio Office staff members

D.

Recommend an appropriate mix of programmes and projects

Question 9

Which is a delivery support function?

Options:

A.

Report portfolio performance through management dashboards

B.

Train and coach PPM staff

C.

Provide a flexible resource pool

D.

Develop standard processes for producing Business Cases

Question 10

Which is needed when getting the investment for a P3O?

Options:

A.

Independence of assurance services

B.

Defined portfolio of change

C.

Provision of secretariat services

D.

Recognition of the need for change

Question 11

Which is a purpose of the Head of P3O role?

Options:

A.

Provide a consultancy service to Programme and Project Managers

B.

Facilitate the development of an optimized portfolio

C.

Ensure alignment with wider policy and strategic initiatives

D.

Ensure the organization carries out the role of Informed Customer

Question 12

Which role provides consultancy advice and guidance to Project Managers across the organization?

Options:

A.

Project Specialist

B.

Project Officer

C.

Portfolio Analyst

D.

P3O Sponsor

Question 13

P3O model?

Options:

A.

Risk management

B.

Programme planning

C.

Secretariat support

D.

Strategic planning or portfolio support

Question 14

Which principle for extracting value does a P3O support by ensuring that issues are escalated to the right decision making authority?

Options:

A.

Govern effectively

B.

Invest in people and process

C.

Safeguard value

D.

Track progress through highlight reporting

Question 15

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 16

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

Options:

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

Question 17

Which describes embedded resources delivering finance functions assigned to a temporary Programme Office?

Options:

A.

They are permanently assigned to a programme or project

B.

Line management responsibility for them sits within a Programme Office

C.

They use the standards created by a temporary Programme Office

D.

Processes that they will follow are controlled by the finance department

Question 18

Which is a key activity of the Identify' process in the permanent P3O lifecycle?

Options:

A.

Delivering the new capability

B.

Planning tranches of delivery

C.

Analysing stakeholders and planning communications

D.

Assessing the current state of P3O provision

Question 19

Which is a definition of business as usual?

Options:

A.

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

B.

A coordinated collection of strategic processes that enable the most effective balance of change and business as usual

C.

The way the business normally achieves its objectives

D.

The integration of the concept Run the Business, Change the Business' into the portfolio

Question 20

Which are the activities of the implementation lifecycle for a permanent P3O?

Options:

A.

Initiate, Define, Deliver Capability / Realize Benefits, Close

B.

Identify, Define, Deliver Tranches, Close

C.

Identify, Define, Deliver Blueprint, Close

D.

Identify, Define, Deliver Capability / Realize Benefits, Close

Question 21

Which is an underlying success factor for a P3O model with an Organization Portfolio Office?

Options:

A.

Funding model for a P3O approved

B.

Challenge to current PPM culture or processes provided

C.

Highly skilled senior, experienced staff utilized

D.

PPM maturity of level 3 or above achieved

Question 22

Which is a COE function or service offered within a P3O?

Options:

A.

Capacity planning of PPM resources

B.

Support to Programme Managers through internal consultancy

C.

Support for escalated risks

D.

Maintaining a Risk Register on behalf of a project

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Demo: 22 questions
Total 150 questions
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