Question 1

What model has permanent decentralized offices with temporary Programme Offices, as required?

Options :

A : P3O with Hub Portfolio Offices

B : P3O with Organization Portfolio Office

C : P3O with Temporary Offices

D : Virtual P3O

Answer: A

Question 2

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

Answer: C

Question 3

Which is an underlying success factor for a Virtual P3O model?

Options :

A : Good Heads of Hub Portfolio Offices are available

B : Standards continue to be developed by monitoring external best practice

C : Current culture and approaches are challenged

D : P3O costs are seen as an unnecessary overhead

Answer: B

Question 4

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

Options :

A : Organization Portfolio

B : Hub Portfolio

C : Programme

D : COE

Answer: D

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

Answer: C

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