Know Facts, Terms and Concepts Relating to Selecting the Right P3O Model and Its Functions and Services. Specifically to Recall: P3O-PRACTITIONER Practice Questions (Page 3)

Questions 11–14

1. 11foundation · easy

   A P3O is asked to provide 'strategic support' to an organization. Which of the following activities best exemplifies this functional area?

   • AAdvising senior management on the prioritization of the organization's portfolio
   • BAssisting with the preparation of a business case for a new programme
   • CTracking the progress of a project against its plan and reporting to the project board
   • DProviding guidance on how to run a specific project's daily stand-up meetings
   Reveal Solution Discussion Select an answer first
2. 12foundation · easy

   A P3O provides services across three functional areas. Which of the following correctly lists these three areas?

   • AFinancial support, resource support, and risk support
   • BPortfolio support, programme support, and project support
   • CDelivery support, business support, and strategic support
   • DPlanning support, monitoring support, and control support
   Reveal Solution Discussion Select an answer first
4. 13application · medium

   A large retail bank is establishing a P3O to support a multi-year regulatory compliance program that will run for 18 months. The program involves 12 projects, each with its own project manager, and requires consistent reporting to the board. The bank already has a permanent PMO for business-as-usual IT work. The new P3O must provide portfolio-level reporting, resource planning, and benefits tracking for the compliance program only. What is the most appropriate P3O design?

   • AEstablish a temporary P3O dedicated to the compliance program, staffed with portfolio and benefits specialists, reporting directly to the program sponsor.
   • BCreate a permanent P3O for the compliance program and retain it after the program closes to support future regulatory work.
   • CExpand the remit of the existing permanent PMO to absorb the compliance program's reporting and benefits tracking.
   • DUse the existing permanent PMO for reporting but hire temporary consultants to do benefits tracking for the compliance program.
   Reveal Solution Discussion Select an answer first
5. 14application · medium

   A multinational corporation has a permanent P3O that currently provides delivery support (project management standards and tools) and business support (resource management and benefits tracking) for all IT projects. The board now wants the P3O to also help shape the annual investment strategy and ensure that the project portfolio aligns with corporate objectives. Which functional area must the P3O add or strengthen?

   • ADelivery support, to improve project management standards and tools.
   • BA separate temporary P3O to handle the annual investment strategy.
   • CBusiness support, to enhance resource management and benefits tracking.
   • DStrategic support, to provide portfolio direction and ensure alignment with corporate strategy.
   Reveal Solution Discussion Select an answer first