Know Facts, Terms and Concepts Relating to the Introduction, the Principles of a P3O Model and Its Elements. Specifically to Recall: P3O-FOUNDATION Practice Questions (Page 1)

Questions 1–5

1. 1application · medium

   A telecommunications company wants to improve its ability to deliver strategic change. It currently has separate teams managing projects and programmes, but there is no integrated approach to ensure that all change initiatives are aligned with the corporate strategy. The company wants to establish a permanent capability to provide this integrated governance and support. What should the company establish?

   • AA P3O model to provide integrated governance and support for portfolio, programme, and project management.
   • BA single project management office to manage all projects and programmes.
   • CA portfolio management office only, since portfolio management is the highest level of control needed.
   • DA programme management office to oversee all change initiatives.
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2. 2foundation · easy

   What is a key characteristic that distinguishes a portfolio from a programme?

   • AA portfolio is managed by a single project manager, while a programme is managed by a portfolio manager
   • BA portfolio always contains multiple programmes, while a programme always contains multiple projects
   • CA portfolio has a fixed end date, while a programme is ongoing
   • DA portfolio is a collection of change initiatives grouped to achieve strategic objectives, while a programme is a group of related projects managed in a coordinated way
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4. 3foundation · easy

   How does Business as Usual (BAU) relate to change initiatives?

   • ABAU is the same as a portfolio of projects
   • BBAU is the process of managing change initiatives
   • CChange initiatives are implemented to improve or transform BAU
   • DBAU is the temporary environment created by a project
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5. 4foundation · easy

   Which of the following is a potential element of a P3O model?

   • AHuman Resources Office
   • BPortfolio Office
   • COperations Office
   • DFinance Office
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6. 5foundation · easy

   Which statement best describes the role of PPM in relation to organizational strategy?

   • AIt focuses solely on the financial aspects of projects and programmes
   • BIt is only concerned with the delivery of individual projects
   • CIt translates strategic objectives into a set of change initiatives and manages them collectively
   • DIt is a one-time activity performed at the start of the strategic planning cycle
   Reveal Solution Discussion Select an answer first