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PRINCE2 P3O-Foundation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Principles and Success Factors | 10% | - Critical success factors and risks - Underlying principles of P3O |
| Implementation and Operation | 15% | - Establishing and implementing a P3O - Maintaining and improving performance - Business case and value measurement |
| Functions and Services of P3O | 25% | - Portfolio, programme and project support - Decision support and governance - Tools, techniques and reporting |
| Roles and Responsibilities | 15% | - Competencies and skills required - Key roles within P3O |
| P3O Models and Structures | 20% | - Types of P3O models (centralized, decentralized, hub, virtual) - Components: portfolio, programme, project offices - Factors influencing model design |
| Introduction to P3O | 15% | - Relationship with PRINCE2, MSP, M_o_R - Purpose and value of P3O - Key concepts and definitions |
PRINCE2 P3O Foundation Project Office2013 Sample Questions:
1. Which of the following statements about how a P3O should integrate with the wider organization are true?
1. Operates independently of other functions within the organization
2. Typically relies on dedicated full-time resources to provide financial functions needed
A) Only 2 is true
B) Only 1 is true
C) Both 1 and 2 are true
D) Neither 1 or 2 is true
2. Which is NOT a use of integrated tools?
A) Links information across business change initiatives in a hierarchical manner
B) Allows multiple people to multiple sets of information
C) Uses a single installation of the tool across the organization
D) Supports a single business change initiative with multiple users
3. What is used to measure the success of a P3O?
A) Principles for extracting value
B) Key Performance Indicators
C) Complexity modelling
D) P3O Value Matrix
4. What technique provides the benefit of checking the quality of the decision-support information being provided to the P3O?
A) Business process swimlanes
B) Gated reviews
C) Management dashboards
D) Capacity planning for resource management
5. Which is NOT a specific area where KPIs should be set as a minimum to measure a P3O model's success?
A) Enhanced contribution to strategic objectives
B) Overall programme success rates in relation to benefits realization
C) Improved portfolio balance in terms of overall risk
D) Reduced cost of skilled resources
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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