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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

1. Which is NOT a specific area where KPIs should be set as a minimum to measure a P3O model's success?

A) Improved portfolio balance in terms of overall risk
B) Overall programme success rates in relation to benefits realization
C) Enhanced contribution to strategic objectives
D) Reduced cost of skilled resources

2. Which describes the focus of a Portfolio Office in relation to programmes?

A) Defines the standards to be followed by a programme
B) Ensures that investment is made in the right programmes
C) Provides support to a programme
D) Implements a programme correctly

3. Which of the following are key responsibilities of the Portfolio Analyst role?
1. Balance the portfolio in terms of strategic change against business as usual
2. Make recommendations on an appropriate programme/project balance
3. Provide a fast-track programme mobilization support service
4. Highlight problems relating to project interdependencies

A) 1,2,4
B) 1,3,4
C) 1,2,3
D) 2,3,4

4. Which is needed when getting the investment for a P3O?

A) Provision of secretariat services
B) Defined portfolio of change
C) Independence of assurance services
D) Recognition of the need for change

5. Which non-PPM function is often provided by a P3O in the interests of business efficiency?

A) Challenging project data
B) Escalating risks and issues
C) Providing a secretariat service to management boards
D) Scrutinising the impact of project delivery on business as usual

Solutions: