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PRINCE2 P3O Foundation Project Office2013 Sample Questions:

1. What is defined as a temporary, flexible organization created to coordinate the implementation of a set of related projects and activities?

A) Portfolio
B) Business as usual
C) Project
D) Programme

2. What is used to measure the success of a P3O?

A) Key Performance Indicators
B) Complexity modelling
C) P3O Value Matrix
D) Principles for extracting value

3. Which receives the benefit of the governance provided by a P3O?

A) Change initiatives
B) Business as usual
C) Commercial
D) Finance

4. Which of the following are key stakeholders in a temporary Project Office?
1. Organization Portfolio Office
2. Business as usual staff
3. Suppliers to the project
4. Project Board members

A) 1,2,4
B) 1,3,4
C) 2,3,4
D) 1,2,3

5. Which is NOT a specific area where KPIs should be set as a minimum to measure a P3O model's success?

A) Improved portfolio balance in terms of overall risk
B) Overall programme success rates in relation to benefits realization
C) Reduced cost of skilled resources
D) Enhanced contribution to strategic objectives

Solutions: