Know Facts, Terms and Concepts Relating to the Business Justification for Implementing a P3O. Specifically to Recall: P3O-FOUNDATION Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   Which of the following best illustrates 'doing programmes and projects right'?

   • ADeferring a project that does not meet strategic criteria
   • BEnsuring that the project portfolio is balanced across business areas
   • CDelivering a project within its agreed time, cost, and quality constraints
   • DChoosing a project because it supports the organization's strategy
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   A P3O is supporting a large programme that is critical to the company's strategy. The programme is running on time but is over budget. The programme board is reluctant to ask for more funding. The P3O has identified that the cost overrun is due to a lack of coordination between two work streams. What should the P3O do to support 'doing the project right'?

   • AReport the cost overrun to the board and recommend a formal inquiry
   • BFacilitate a workshop between the two work stream leads to resolve the coordination issues
   • CPrepare a new business case to justify the additional funding
   • DRecommend that the programme be stopped to avoid further cost overruns
   Reveal Solution Discussion Select an answer first
4. 18application · medium

   A public sector organization is creating a P3O to improve oversight of its change portfolio. Currently, each department runs its own projects with different reporting formats, and there is no central view of progress or risk. The P3O's primary goal is to enable effective governance. What should the P3O implement first?

   • AA training program to certify all project managers in a specific delivery methodology
   • BA new project management software tool for each department to use independently
   • CA policy requiring all projects to be completed within one year
   • DA common set of reporting standards and a central dashboard for all projects and programmes
   Reveal Solution Discussion Select an answer first
5. 19application · medium

   A government agency has a P3O that is seen as a 'paper factory' that adds bureaucracy without value. Project managers complain that they spend too much time filling in forms for the P3O and not enough time delivering. How should the P3O adjust its approach to better enable business change governance?

   • ARequire all project managers to attend more training on how to fill in the forms
   • BIncrease the frequency of its reporting requirements to get more up-to-date information
   • CAbolish all reporting requirements and rely on informal communication
   • DStreamline its reporting processes to focus on exception-based reporting for senior management
   Reveal Solution Discussion Select an answer first
6. 20foundation · easy

   What does the concept of 'doing the right programmes and projects' primarily mean?

   • ADelivering initiatives efficiently within time and cost constraints
   • BEnsuring alignment with strategic objectives and prioritizing initiatives
   • CUsing the same delivery approach for all programmes and projects
   • DEnsuring that all programmes and projects are completed on schedule
   Reveal Solution Discussion Select an answer first