Question 1

What are the missing words represented by [X] in the following statement which is describing the decision support role of a Portfolio Office ?'Identify [X] and evaluate the true implications of the aggregate level of program and project risk'

Options :

A : Concerns and suggestions

B : Threats and opportunities

C : Roles and responsibilities

D : Issues and opportunities

Answer: B

Question 2

Which of the following is NOT a type of collaborative or integrated tool?

Options :

A : Risk management system

B : Complex spreadsheet modeling

C : Performance management system

D : Strategic mapping software

Answer: B

Question 3

Which is NOT Factor affecting the deployment of P3O model to be in any organization?

Options :

A : The aims and goals of both the organization and the P3O sponsor

B : The PPM maturity of the organization

C : The number of programmes and projects being undertaken

D : defines standards (processes, templates and tools), skills and training, manages knowledge and may provide independent assurance. The COE may be part of a portfolio office or exist as a separate in

Answer: D

Question 4

Which is NOT a specified constraint (barriers) that may impact the benefits delivered by implementing a P3O model?

Options :

A : P3O costs seen as unnecessary overhead.

B : Funding the P3O model

C : Perceived bureaucracy of the P3O processes and standards

D : Deliver the organization initiatives.

Answer: D

Question 5

What are the following statements in the P3O Guidance examples of?

Maintaining a 'big picture' understanding of the business change portfolio

Providing decision-support to ensure the right programs and project are launched

Providing standards and processes to ensure consistency of delivery

Providing independent oversight, scrutiny, and challenge to ensure things are done well (and right first time more of the time)

Options :

A : Time must be made senior managers to understand each of these things

B : Proposed responsibilities for the Temporary Portfolio Office

C : OGC principles for extracting value from program and project investment

D : Ways the P3O can significantly increase an organizations chances of successfully delivering its strategy reducing benefits loss and delivering programs and projects more cost effectively

Answer: D

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