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PRINCE2 P3O Foundation Project Office2013 Exam Sample Questions (Q12-Q17):

NEW QUESTION # 12
What resource commitments should be taken into account as part of portfolio management?

A. Programme and project only
B. Business as usual only
C. Programme, project, and business as usual
D. Programme and business as usual only

Answer: C

Explanation:
Portfolio management, as per the P3O Foundation (2013) manual, requires consideration of resource commitments across programme, project, and business as usual (BAU) activities to ensure effective resource allocation and optimization. Section 2.2.3 states, "Portfolio management involves balancing resource commitments across programmes, projects, and BAU to deliver strategic objectives." This holistic approach ensures that resources are not siloed but are managed to support the entire organizational change agenda.
Excluding any one of these elements (A, B, C) would undermine the integrated nature of portfolio management, which aims to align all change initiatives with BAU operations. The 2013 guidance emphasizes this integrated resource view to avoid conflicts and maximize value, as detailed in the portfolio support office functions. This comprehensive resource management is a cornerstone of the P3O model, ensuring strategicalignment and operational efficiency.
Reference: P3O Foundation (2013) manual, Section 2.2.3, AXELOS.

NEW QUESTION # 13
Which is a purpose of the Consultancy and Performance Management role?

A. Identifies, monitors and resolves issues
B. Creates, maintains and distributes good practice
C. Provides benefits realization support
D. Assists with budget control

Answer: B

Explanation:
The Consultancy and Performance Management role's purpose includes creating, maintaining, and distributing good practice, as per the P3O Foundation (2013) manual. Section 3.5.5 states, "The Consultancy and Performance Management function is responsible for creating, maintaining, and distributing good practice guidance to enhance PPM maturity across the organization." This differs from budget control (A), benefits realization (C), or issue management (D), which are handled by other roles like the Portfolio Analyst or Programme Office. The 2013 edition underscores this role's focus on standardizing processes, supporting P3O's goal of improving performance through shared knowledge. This ensures consistent application of best practices.
Reference: P3O Foundation (2013) manual, Section 3.5.5, AXELOS.

NEW QUESTION # 14
Which is a typical constraint which impacts on how a P3O is implemented?

A. Quality, standardized data is needed
B. P3O assurance services must be independent
C. Pace of change must take into account current P3M3 maturity
D. P3O governance must align with existing corporate governance

Answer: D

Explanation:
The P3O Foundation (2013) manual identifies alignment with existing corporate governance as a typical implementation constraint. Section 4.2.3 states, "A key constraint in P3O implementation is ensuring its governance aligns with the organization's existing corporate governance framework to maintain coherence and authority." This differs from pace of change (A), data quality (B), or assurance independence (C), which are operational considerations. The 2013 edition emphasizes this alignment to avoid conflicts, ensuring the P3O integrates seamlessly. This constraint shapes the implementation strategy and structure.
Reference: P3O Foundation (2013) manual, Section 4.2.3, AXELOS.

NEW QUESTION # 15
Which is NOT a functional role?

A. Information Management
B. Planning
C. Project Officer
D. Benefits and Value

Answer: C

Explanation:
The P3O Foundation (2013) manual lists Benefits and Value, Information Management, and Planning as functional roles, but Project Officer is not. Section 3.5.1 states, "Functional roles within a P3O include Benefits and Value, Information Management, and Planning, each providing specialized support." The Project Officer (C) is a delivery support role, not a functional one, as it focuses on execution (Section 3.5.6). The
2013 edition distinguishes these roles to clarify P3O's structure, ensuring functional roles drive strategy and support, while delivery roles handle operations. This delineation enhances organizational clarity.
Reference: P3O Foundation (2013) manual, Sections 3.5.1 and 3.5.6, AXELOS.

NEW QUESTION # 16
Which is a functional area within a P3O model?

A. Hub Portfolio Office connected by spokes
B. COE functions or services
C. Virtual Office
D. Flexible resource pool

Answer: B

Explanation:
COE (Centre of Excellence) functions or services are a functional area within a P3O model, per the P3O Foundation (2013) manual. Section 5.3.4 states, "The Centre of Excellence provides a functional area within the P3O, offering standards, guidance, and best practices to support PPM maturity." This contrasts with Hub Portfolio Offices (A), which are structural models, Virtual Offices (C), which are temporary setups, and Flexible Resource Pools (D), which are resource mechanisms. The 2013 edition highlights the COE's role in standardizing processes, making it a core P3O component. This ensures consistent support across the organization.
Reference: P3O Foundation (2013) manual, Section 5.3.4, AXELOS.

NEW QUESTION # 17
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