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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

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

2. How should the Head of P3O overcome the barrier of 'lack of focus on the full P3O model'?

A) Build a vision and Business Case
B) Gain acceptance of component offices delivered in tranches
C) Develop minimalist processes with tailoring guidelines
D) Address culture changes through targeted communications

3. Which information should a Business Case for a P3O provide?

A) Appointed Head of P3O
B) Reasons why any form of P3O is needed
C) Processes to be implemented by the P3O
D) Roles of the staff working in the P3O

4. Which is NOT a strategic planning or portfolio support function?

A) Providing a single flexible resource pool
B) Providing oversight, scrutiny and challenge
C) Prioritizing programmes within the portfolio
D) Aligning programmes with strategic objectives

5. What is used to measure the success of a P3O?

A) Key Performance Indicators
B) Complexity modelling
C) P3O Value Matrix
D) Principles for extracting value

Solutions: