Be Able to Apply Key Concepts Relating to Models and Tailoring Within a Given Scenario. Specifically to Identify Appropriate: P3O-FOUNDATION Practice Questions (Page 4)

Questions 16–20

1. 16application · medium

   A P3O has separate functional areas for portfolio, programme, and project management. The portfolio office has identified a risk that could affect multiple programmes. What is the most appropriate action for the portfolio office to take?

   • AWait for the risk to materialize before taking action.
   • BEscalate the risk to the project managers in the affected programmes.
   • CInform the programme offices of the risk and coordinate a response across the affected programmes.
   • DManage the risk directly without involving the programme offices.
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   An organization's P3O is responsible for providing information assurance for its project and programme data. The P3O has been asked to share project data with an external partner for a joint initiative. What should the P3O do before sharing the data?

   • AShare the data as requested, as the partner is trusted.
   • BEnsure that the data sharing complies with the organization's information governance policies and any relevant regulations.
   • CAsk the partner to sign a non-disclosure agreement before sharing.
   • DAnonymize all data before sharing, regardless of the purpose.
   Reveal Solution Discussion Select an answer first
4. 18foundation · easy

   How do the portfolio, programme, and project offices interrelate in a P3O?

   • AThe project office reports to the programme office, which reports to the portfolio office
   • BThey operate independently and do not share information
   • CThe programme office is responsible for the entire portfolio
   • DThe portfolio office is responsible for executing individual projects
   Reveal Solution Discussion Select an answer first
5. 19foundation · easy

   An organization has a mature project management culture but is just starting to manage a portfolio. Which P3O function is most likely to be needed first?

   • APortfolio prioritization and reporting
   • BResource management for individual projects
   • CProgramme risk management
   • DProject planning and scheduling
   Reveal Solution Discussion Select an answer first
6. 20foundation · easy

   How does the assurance function within a P3O integrate with the wider organization?

   • AIt takes over the day-to-day management of projects
   • BIt provides independent reviews to give stakeholders confidence that projects and programmes are on track
   • CIt only reports to the project manager
   • DIt ensures that all projects use the same software tools
   Reveal Solution Discussion Select an answer first