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Exam Name: Management of Value® Foundation
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Exam Name: Portfolio, Programme and Project Offices® Foundation
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NO.1 Which is a responsibility of theP3OSponsor role?
A. Ensure the portfolio delivers the required strategy
B. Secure the investment required to set up theP3O
C. Recruit the Portfolio Office staff members
D. Recommend an appropriate mix of programmes and projects
Answer: B
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NO.2 Which is NOT a strategic planning or portfolio support function?
A. Prioritizing programmes within the portfolio
B. Providing a single flexible resource pool
C. Aligning programmes with strategic objectives
D. Providing oversight, scrutiny and challenge
Answer: B
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NO.3 Which is a purpose of the Consultancy and Performance Management role?
A. Assists with budget control
B. Creates, maintains and distributes good practice
C. Provides benefits realization support
D. Identifies, monitors and resolves issues
Answer: B
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7. What is used to assist senior managers to determine their core problems and the services to
be delivered by aP3Omodel?
A. Business process swimlanes
B. Knowledge management tools
C. Capacity planning for resource management
D. P3OValue Matrix
Answer: D
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8. Which is a functional area within aP3Omodel?
A. Hub Portfolio Office connected by spokes
B. COE functions or services
C. Virtual Office
D. Flexible resource pool
Answer: B
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9. How does aP3Omodel make a significant contribution to the successful delivery of an
organization's strategy?
A. Acts as risk owner of project risks to ensure common standards are applied
B. Provides quality information to enable senior management decisions on which projects to start
up
C. Helps operational managers determine business as usual priorities
D. Decides the appropriate priority of each programme and project
Answer: B
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10. Which functional area considers risk against the ability to achieve planned outcomes for a
specific business change?
A. Strategic planning/portfolio support
B. Delivery support
C. Project
D. COE
Answer: B
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11. Which is a key activity of the Identify' process in the permanentP3Olifecycle?
A. Delivering the new capability
B. Planning tranches of delivery
C. Analysing stakeholders and planning communications
D. Assessing the current state ofP3Oprovision
Answer: D
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12. Which describes how P3M3 assessments are used when implementing aP3O?
A. Document new processes to be followed
B. Define the skills needed in the implementation team
C. Develop a tranche-based plan that suits maturity levels
D. Assess project or programme complexity
Answer: C
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13. Which role's purpose is to facilitate the development of the portfolio, programme or project
dependency logs?
A. Change Control
B. Issue
C. Information Management
D. Planning and Estimating
Answer: D
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14. Which office within aP3Omodel provides delivery support to the'Identify' process of a
programme?
A. Temporary Project Office
B. Organization Portfolio Office
C. COE
D. Temporary Programme Office
Answer: B
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15. Which is a specified constraint that may impact the benefits delivered by implementing
aP3Omodel?
A. An organization's ability to adapt to change
B. Overall programme and project success rates
C. AP3Ochampion providing senior management commitment
D. Belief that complying with repeatable processes is bureaucratic
Answer: A
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NO.4 Which is an Information Assurance concept that ensures aP3Ocan supply information to the
business when needed?
A. Asset management
B. Configuration management
C. Availability
D. Confidentiality
Answer: C
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NO.5 Which is a function of strategic mapping software?
A. Distributes and shares learning among the PPM community
B. Models an organization's systems and processes
C. Matches programmes and projects to portfolio benefits and outcomes
D. Supports a common, integrated approach to risk management
Answer: C
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NO.6 WhichP3Omodel features a single permanent office providing strategic planning and portfolio
support?
A. P3Omodel with Hub Portfolio Offices
B. Organization Portfolio Office
C. Temporary Office
D. Virtual Office
Answer: B
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