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PRINCE2 P3O-Foundation Practice Q&A's

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PRINCE2 P3O-Foundation Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Functions and Services of P3O25%- Decision support and governance
- Tools, techniques and reporting
- Portfolio, programme and project support
Topic 2: P3O Models and Structures20%- Factors influencing model design
- Types of P3O models (centralized, decentralized, hub, virtual)
- Components: portfolio, programme, project offices
Topic 3: Principles and Success Factors10%- Underlying principles of P3O
- Critical success factors and risks
Topic 4: Implementation and Operation15%- Establishing and implementing a P3O
- Maintaining and improving performance
- Business case and value measurement
Topic 5: Roles and Responsibilities15%- Competencies and skills required
- Key roles within P3O
Topic 6: Introduction to P3O15%- Relationship with PRINCE2, MSP, M_o_R
- Purpose and value of P3O
- Key concepts and definitions

PRINCE2 P3O Foundation Project Office2013 Sample Questions:

Question #1

What is defined as the decision-enabling and support business model for all business change within an organization?

  • A. P3O
  • B. Portfolio
  • C. Project
  • D. Programme
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

How does a P3O model increase an organization's ability to deliver its strategy?

  • A. Enables projects to efficiently develop their own financial processes
  • B. Provides decision support to ensure the right projects are launched
  • C. Ensures current projects are unaffected by changes to policy or strategy
  • D. Allows senior managers to delegate their governance responsibilities
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Correct Answer: B  🗳️

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Question #3

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. A benefits tracking service to business owners
  • D. Coaching and training to P3O roles
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Correct Answer: B  🗳️

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Question #4

Which of the following describe the governance responsibilities of a P3O model?
1. Provides the governance and control backbone for an organization's change initiatives
2. Provides a single source for all data relating to the organization's change initiatives
3. Implements rules for decision-making relating to programmes and projects
4. Makes decisions on behalf of the main board

  • A. 2,3,4
  • B. 1,2,4
  • C. 1,2,3
  • D. 1,3,4
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Correct Answer: C  🗳️

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Question #5

Which P3O model features a single permanent office providing strategic planning and portfolio support?

  • A. Virtual Office
  • B. Flexible resource pool
  • C. Organization Portfolio Office
  • D. P3O model with Hub Portfolio Offices
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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