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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

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

A) Ensures current projects are unaffected by changes to policy or strategy
B) Enables projects to efficiently develop their own financial processes
C) Allows senior managers to delegate their governance responsibilities
D) Provides decision support to ensure the right projects are launched

2. Which is an underlying success factor of a P3O model with Hub Portfolio Offices that enables appropriate localized application of standards?

A) Reviewing the Blueprint regularly
B) Planning resource capacity at a local level
C) Following a clearly defined business strategy
D) Tailoring core standards to meet local need

3. Which is a likely source of a threat to achieving the Blueprint?

A) Stakeholders are identified and analysed
B) Programme team fails to use a common language
C) Programme approach is used to implement a P3O
D) External consultants advise the programme team

4. 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 organization
2. Typically relies on dedicated full-time resources to provide financial functions needed

A) Only 2 is true
B) Only 1 is true
C) Both 1 and 2 are true
D) Neither 1 or 2 is true

5. Which is a benefit of the portfolio prioritization and optimization technique?

A) Supports senior management investment decisions by aligning programmes to strategy
B) Highlights programme issues requiring intervention
C) Provides resource capacity to the portfolio when required
D) Documents repeatable processes enabling increased PPM maturity

Solutions: