Question 1

Which receives the benefit of the governance provided by a P3O?

Options :

A : Finance

B : Change initiatives

C : Business as usual

D : Commercial

Answer: B

Question 2

Which of the following statements about how a P3O should integrate with the wider organization are true?1. Operates independently of other functions within the organization2. Typically relies on dedicated full-time resources to provide financial functions needed

Options :

A : Only 1 is true

B : Only 2 is true

C : Both 1 and 2 are true

D : Neither 1 or 2 is true

Answer: D

Question 3

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

Options :

A : Organization Portfolio

B : Hub Portfolio

C : Programme

D : COE

Answer: D

Question 4

What is the definition of a portfolio?

Options :

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

Answer: C

Question 5

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

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