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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: P3O Models and Structures | 20% | - Components: portfolio, programme, project offices - Types of P3O models (centralized, decentralized, hub, virtual) - Factors influencing model design |
| Topic 2: Functions and Services of P3O | 25% | - Decision support and governance - Portfolio, programme and project support - Tools, techniques and reporting |
| Topic 3: Implementation and Operation | 15% | - Maintaining and improving performance - Business case and value measurement - Establishing and implementing a P3O |
| Topic 4: Principles and Success Factors | 10% | - Underlying principles of P3O - Critical success factors and risks |
| Topic 5: Roles and Responsibilities | 15% | - Competencies and skills required - Key roles within P3O |
| Topic 6: Introduction to P3O | 15% | - Key concepts and definitions - Relationship with PRINCE2, MSP, M_o_R - Purpose and value of P3O |
1. What resource commitments should be taken into account as part of portfolio management?
A) Programme and business as usual only
B) Programme and project only
C) Programme, project, and business as usual
D) Business as usual only
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) 1,3,4
B) 1,2,3
C) 2,3,4
D) 1,2,4
3. Which activity first occurs during the 'Define' process in the permanent P3O model lifecycle?
A) Create an outline vision of the required changes to the P3O functions provided
B) Determine in further detail the processes the P3O will operate
C) Understand how stakeholders currently view the P3O functions provided
D) Deliver the enhanced P3O capability
4. What does a P3O provide to support the principle 'govern effectively'?
A) A fast track mobilization service to programmes and projects
B) Independent gated review coordination and assurance
C) Coaching and training to P3O roles
D) A benefits tracking service to business owners
5. How can a P3O directly support effective teamwork between Programme Managers located in different regions?
A) Support the fast track mobilization of programs
B) Implement standard collaborative tools
C) Appoint a P3O Sponsor for each region
D) Implement the portfolio prioritization and optimization technique
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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