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PRINCE2 P3O Foundation Project Office2013 Exam Sample Questions (Q62-Q67):
NEW QUESTION # 62
Which is an underlying success factor for a Virtual P3O model?
- A. Current culture and processes are challenged
- B. Good Heads of Hub Portfolio Offices are available
- C. P3O costs are seen as an unnecessary overhead
- D. Standards continue to be developed by monitoring external best practice
Answer: D
Explanation:
The P3O Foundation (2013) manual identifies continuous development of standards through external best practice as a success factor for a Virtual P3O model. Section 5.3.3 states, "A key success factor for a Virtual P3O is the ongoing development of standards by monitoring external best practices, ensuring adaptability and relevance." This differs from hub leadership (A), cultural challenge (C), or cost perception (D), which are irrelevant or negative factors. The 2013 edition highlights this adaptability to maintain effectiveness in a flexible, distributed model. This ensures competitive PPM practices.
Reference: P3O Foundation (2013) manual, Section 5.3.3, AXELOS.
NEW QUESTION # 63
Which is a typical information assurance role of a P3O?
- A. Providing capacity planning for the portfolio
- B. Ensuring data security are assessed at the beginning of each project
- C. Escalating issues to senior management
- D. Booking for operational staff
Answer: B
Explanation:
The P3O Foundation (2013) manual identifies ensuring data security assessment at project initiation as a typical information assurance role. Section 7.3.2 states, "The P3O ensures data security and integrity are assessed at the beginning of each project to support reliable decision-making and compliance." This differs from issue escalation (A), capacity planning (B), or staff booking (D), which are operational or resource- related. The 2013 edition emphasizes this role in maintaining high-quality information, a cornerstone of P3O' s governance support. This ensures trust and accuracy in data used across change initiatives.
Reference: P3O Foundation (2013) manual, Section 7.3.2, AXELOS.
NEW QUESTION # 64
Who, as a minimum, should review the resourcing of a Programme Office whilst it is running?
- A. Head of Programme Office and Programme Manager of the relevant programme
- B. Head of COE and Programme Specialist
- C. Head of P3O and P3O Sponsor
- D. P3O Sponsor and Portfolio Analyst
Answer: A
Explanation:
The minimum review of a Programme Office's resourcing during operation involves the Head of Programme Office and the relevant Programme Manager, according to the P3O Foundation (2013) manual. Section
3.5.4 states, "The Head of Programme Office, in collaboration with the Programme Manager, is responsible for reviewing and adjusting resource allocation during the programme lifecycle." This ensures operational oversight and alignment with programme needs. Involving the Head of P3O and Sponsor (A), P3O Sponsor and Portfolio Analyst (C), or Head of COE and Programme Specialist (D) exceeds the minimum requirement, as their roles are more strategic or supportive. The 2013 guidance emphasizes this direct accountability to maintain efficiency and responsiveness in resource management.
Reference: P3O Foundation (2013) manual, Section 3.5.4, AXELOS.
NEW QUESTION # 65
Which of the following describe the governance responsibilities of a P3O model?
1. Provides the governance and control backbone for an organization's change initiatives
2. Provides a single source for all data relating to the organization's change initiatives
3. Implements rules for decision-making relating to programmes and projects
4. Makes decisions on behalf of the main board
- A. 1,2,3
- B. 1,2,4
- C. 2,3,4
- D. 1,3,4
Answer: A
Explanation:
The P3O Foundation (2013) manual outlines that a P3O's governance responsibilities include providing the backbone for change initiatives, a single data source, and decision-making rules. Section 2.1.2 states, "The P3O model provides the governance and control backbone, a single source of data, and implements rules for decision-making to support portfolios, programmes, and projects." However, it does not make decisions on behalf of the main board (4), which remains a senior management function. The 2013 edition emphasizes P3O's supportive governance role, ensuring alignment and consistency without usurping authority. Options B, C, and D include the incorrect fourth element, making A the accurate choice. This framework enhances organizational change management.
Reference: P3O Foundation (2013) manual, Section 2.1.2, AXELOS.
NEW QUESTION # 66
What is used to measure the success of a P3O?
- A. Key Performance Indicators
- B. Principles for extracting value
- C. P3O Value Matrix
- D. Complexity modelling
Answer: A
Explanation:
The P3O Foundation (2013) manual specifies that Key Performance Indicators (KPIs) are used to measure the success of a P3O. Section 7.3.1 states, "Key Performance Indicators are employed to measure the success of a P3O, assessing its contribution to strategic objectives, risk balance, and benefits realization." This differs from value extraction principles (A), the P3O Value Matrix (B), which aids design, or complexity modelling (D), which analyzes systems. The 2013 edition highlights KPIs as a quantitative tool to evaluate P3O effectiveness, ensuring accountability and continuous improvement. This supports organizational decision- making and justification.
Reference: P3O Foundation (2013) manual, Section 7.3.1, AXELOS.
NEW QUESTION # 67
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