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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

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

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

2. 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) 1,2,3
C) 1,3,4
D) 2,3,4

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

A) Standards continue to be developed by monitoring external best practice
B) Good Heads of Hub Portfolio Offices are available
C) Current culture and processes are challenged
D) P3O costs are seen as an unnecessary overhead

4. Which of the following are recommended for the implementation of a P3O model?
1. Follow a recognized programme or project methodology
2. Define a budget and associated timescales to deliver
3. Appoint a P3O Sponsor
4. Use a programme approach to implement a single office P3O staffed by one individual

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

5. What is the MOST appropriate use of project planning software for an organization at P3M3 maturity level 1?

A) Individual
B) Integrated
C) Networking
D) Collaborative

Solutions: