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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

1. Which should be documented in a Blueprint?

A) Need for Business Cases for mission-critical programmes to be reported to the Portfolio Board
B) Benefit Profiles for individual benefits to be delivered by the P3O
C) Transition plans for the implementation of business change into business as usual
D) Actual Highlight Reports issued by individual projects

2. What are risk identification and risk assessment workshops typically used for?

A) Define measures in a Benefit Profile
B) Brainstorm objectives for a project
C) Define the relative priority of each investment objective
D) Identify threats as part of project initiation

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

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

4. Which is a delivery support function?

A) Report portfolio performance through management dashboards
B) Develop standard processes for producing Business Cases
C) Provide a flexible resource pool
D) Train and coach PPM staff

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

Solutions: