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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

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

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

2. Where should an Organization Portfolio Office ultimately report?

A) Main board director
B) Head of P3O
C) Programme Manager
D) Corporate services function

3. How can a P3O directly support effective teamwork between Programme Managers located in different regions?

A) Implement standard collaborative tools
B) Support the fast track mobilization of programs
C) Implement the portfolio prioritization and optimization technique
D) Appoint a P3O Sponsor for each region

4. 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) Improved portfolio balance in terms of overall risk
D) Overall programme success rates in relation to benefits realization

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

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

Solutions: