Question 1

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 2

Which is a purpose of the Consultancy and Performance Management role?

Options :

A : Assists with budget control

B : Creates, maintains and distributes good practice

C : Provides benefits realization support

D : Identifies, monitors and resolves issues

Answer: B

Question 3

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 4

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 5

Which is NOT a typical factor that may affect the design of a P3O model?

Options :

A : Organizational PPM maturity

B : Geographical divisions

C : Size of the organization

D : Challenge to current culture

Answer: D