Know Facts, Terms and Concepts Relating to Selecting the Right P3O Model and Its Functions and Services. Specifically to Recall: P3O-FOUNDATION Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   Which functional area of P3O services is primarily concerned with providing independent oversight and verifying that programmes and projects are being managed correctly?

   • APortfolio management
   • BDecision-making
   • CDelivery support
   • DAssurance
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A financial services firm has a permanent Project Support Office (PSO) that provides administrative support to projects. The firm is about to run a 6-month cost-reduction program that will affect multiple business units. The program needs dedicated tracking of savings and regular reporting to the CFO. The PSO has some capacity but no experience with benefits tracking. What should the firm do?

   • AAssign the benefits-tracking work to the PSO despite its lack of experience.
   • BAsk the CFO's team to perform the benefits tracking directly.
   • CCreate a permanent Programme Office to ensure benefits tracking is available for all future programs.
   • DCreate a temporary Programme Office with staff skilled in benefits tracking, using the PSO for administrative support where appropriate.
   Reveal Solution Discussion Select an answer first
4. 8application · medium

   A government agency runs a permanent Centre of Excellence (CoE) that defines standards and provides guidance for all project and programme management. The agency is about to start a 6-month emergency response initiative that requires rapid, hands-on support for a newly assembled team. The CoE staff are fully occupied with their standing duties. What should the agency do?

   • AEstablish a new permanent Programme Office to support the emergency initiative and future similar responses.
   • BCreate a temporary Programme Office staffed by additional resources for the 6-month initiative, operating under the CoE's standards.
   • CConvert the CoE into a temporary Programme Office and reinstate it after the initiative ends.
   • DAsk the CoE to pause its standard-setting work and directly support the emergency initiative for 6 months.
   Reveal Solution Discussion Select an answer first
5. 9application · medium

   An international NGO has a permanent Portfolio Office that provides oversight of all global change initiatives. The NGO is launching a 2-year humanitarian program in a new region. The program needs its own local team to manage day-to-day delivery, but it must align with the NGO's global standards and report into the central portfolio. Which P3O model best fits this situation?

   • AA temporary Programme Office in the region, linked to the permanent Portfolio Office for standards and reporting.
   • BA permanent standalone Programme Office in the region to support all future humanitarian work.
   • CNo new office; the global Portfolio Office should manage the program directly from headquarters.
   • DA temporary Portfolio Office in the region to oversee all regional initiatives, replacing the global one.
   Reveal Solution Discussion Select an answer first
6. 10application · medium

   A public sector organization has a permanent Centre of Excellence (CoE) that owns the organization's project management methodology. The organization is about to start a 1-year pilot program to test a new service delivery model. The pilot needs light-touch support for planning and reporting. The CoE has capacity. What is the most appropriate approach?

   • AOutsource the pilot's planning and reporting to an external consultancy.
   • BCreate a temporary Programme Office for the 1-year pilot, even though the CoE has capacity.
   • CEstablish a permanent Programme Office to support the pilot and future pilots.
   • DUse the CoE to provide the planning and reporting support for the pilot, since it has capacity and the pilot is short-term.
   Reveal Solution Discussion Select an answer first