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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Functions and Services of P3O | 25% | - Decision support and governance - Tools, techniques and reporting - Portfolio, programme and project support |
| Topic 2: Introduction to P3O | 15% | - Relationship with PRINCE2, MSP, M_o_R - Purpose and value of P3O - Key concepts and definitions |
| Topic 3: Implementation and Operation | 15% | - Maintaining and improving performance - Establishing and implementing a P3O - Business case and value measurement |
| Topic 4: Principles and Success Factors | 10% | - Critical success factors and risks - Underlying principles of P3O |
| Topic 5: P3O Models and Structures | 20% | - Components: portfolio, programme, project offices - Types of P3O models (centralized, decentralized, hub, virtual) - Factors influencing model design |
| Topic 6: Roles and Responsibilities | 15% | - Key roles within P3O - Competencies and skills required |
1. What can be used to assess and document the current state of PPM functions?
A) P3M3 assessments
B) P3O vision
C) Capacity planning for resource management
D) Complexity modelling
2. Which of the following are key stakeholders in a temporary Project Office?
1. Organization Portfolio Office
2. Business as usual staff
3. Suppliers to the project
4. Project Board members
A) 2,3,4
B) 1,3,4
C) 1,2,4
D) 1,2,3
3. Which information should a Business Case for a P3O provide?
A) Reasons why any form of P3O is needed
B) Processes to be implemented by the P3O
C) Roles of the staff working in the P3O
D) Appointed Head of P3O
4. What resource commitments should be taken into account as part of portfolio management?
A) Programme and project only
B) Programme, project, and business as usual
C) Programme and business as usual only
D) Business as usual only
5. What should a P3O recommend for 'must do' changes?
A) Must be completed before new changes are started
B) Should be included in the portfolio to maintain business as usual
C) Should be realigned to existing objectives
D) Should be stopped immediately
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: C |
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