Question 1

Why Key Performance Indicators measurement is important for a P3O?

Options :

A : Identify areas of personal improvement for Project Managers

B : Help an organization define and evaluate how successful it is in making progress towards its organizational objectives.

C : Compare project progress against its plan.

D : Show the progress of P3O’s

Answer: B

Question 2

What are the following statements in the P3O Guidance examples of?

Maintaining a 'big picture' understanding of the business change portfolio

Providing decision-support to ensure the right programs and project are launched

Providing standards and processes to ensure consistency of delivery

Providing independent oversight, scrutiny, and challenge to ensure things are done well (and right first time more of the time)

Options :

A : Time must be made senior managers to understand each of these things

B : Proposed responsibilities for the Temporary Portfolio Office

C : OGC principles for extracting value from program and project investment

D : Ways the P3O can significantly increase an organizations chances of successfully delivering its strategy reducing benefits loss and delivering programs and projects more cost effectively

Answer: D

Question 3

Which is NOT a specified constraint (barriers) that may impact the benefits delivered by implementing a P3O model?

Options :

A : P3O costs seen as unnecessary overhead.

B : Funding the P3O model

C : Perceived bureaucracy of the P3O processes and standards

D : Deliver the organization initiatives.

Answer: D

Question 4

Which stakeholder group is MOST likely to receive Escalated programme and project risk and issue reports?

Options :

A : Strategic planning

B : Business unit senior manager

C : Portfolio board

D : Senior management

Answer: B

Question 5

Which is an enabling activity in the P3O Value Matrix ?

Options :

A : Optimize investment in change initiatives to achieve strategic objectives.

B : Verify achievement towards delivery of project outputs

C : Ensure the desired program outcomes are viable

D : Deliver more efficient program and project management functions by managing them centrally

Answer: D

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