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| Section | Weight | Objectives |
|---|---|---|
| Introduction to P3O | 15% | - Key concepts and definitions - Purpose and value of P3O - Relationship with PRINCE2, MSP, M_o_R |
| Principles and Success Factors | 10% | - Underlying principles of P3O - Critical success factors and risks |
| P3O Models and Structures | 20% | - Factors influencing model design - Types of P3O models (centralized, decentralized, hub, virtual) - Components: portfolio, programme, project offices |
| Implementation and Operation | 15% | - Maintaining and improving performance - Establishing and implementing a P3O - Business case and value measurement |
| Functions and Services of P3O | 25% | - Decision support and governance - Tools, techniques and reporting - Portfolio, programme and project support |
| Roles and Responsibilities | 15% | - Competencies and skills required - Key roles within P3O |
1. What does a P3O provide to support the principle 'govern effectively'?
A) Independent gated review coordination and assurance
B) A fast track mobilization service to programmes and projects
C) A benefits tracking service to business owners
D) Coaching and training to P3O roles
2. Which describes the focus of a Portfolio Office in relation to programmes?
A) Ensures that investment is made in the right programmes
B) Provides support to a programme
C) Implements a programme correctly
D) Defines the standards to be followed by a programme
3. Which occurs when the P3O implementation programme is closed?
A) P3O capability becomes business as usual
B) Risks to the implementation are captured
C) Vision Statement is to reflect delivery
D) Blueprint is produced to document processes
4. Which is NOT a use of integrated tools?
A) Supports a single business change initiative with multiple users
B) Allows multiple people to multiple sets of information
C) Links information across business change initiatives in a hierarchical manner
D) Uses a single installation of the tool across the organization
5. Which is NOT a specific area where KPIs should be set as a minimum to measure a P3O model's success?
A) Reduced cost of skilled resources
B) Enhanced contribution to strategic objectives
C) Overall programme success rates in relation to benefits realization
D) Improved portfolio balance in terms of overall risk
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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