Axelos P3of Portfolio Programme And Project Offices Foundation Practice Test - Set 1
Test your knowledge with this Axelos P3of Portfolio Programme And Project Offices Foundation mock exam. Get real-world IT questions and prepare for certification success.
P3OF: Portfolio, Programme and Project Offices Foundation - Exam Information
Exam Information
Exam Code
Axelos P3of Portfolio Programme And Project Offices Foundation
Exam Title
P3OF: Portfolio, Programme and Project Offices Foundation
Vendor
Axelos
Difficulty
Intermediate
Duration
2 Hours
Question Format
Multiple Choice
Last Updated
March 7, 2025
Focuses on governance and control across projects and programmes.
26. Which P3O model is temporary and disbanded after delivery?
Temporary Office
Hub-and-Spoke
Virtual Office
Centralized Office
✅ Correct Answer: Temporary Office
27. What is the purpose of a Portfolio Dashboard?
Provide a visual summary of portfolio performance
Track project costs
Replace the Risk Register
Define technical requirements
✅ Correct Answer: Provide a visual summary of portfolio performance
28. Which P3O function ensures alignment with business strategy?
Strategic Planning
Financial Management
Resource Allocation
Stakeholder Management
✅ Correct Answer: Strategic Planning
29. What is the purpose of a Benefits Management Framework in P3O?
Track and realize benefits
Replace the Programme Office
Manage individual projects
Define technical architecture
✅ Correct Answer: Track and realize benefits
30. Which P3O role ensures governance compliance?
Portfolio Office Manager
Project Manager
Business Analyst
Stakeholder Coordinator
✅ Correct Answer: Portfolio Office Manager
31. What is the purpose of a P3O Charter?
Formally authorize the P3O
Track project budgets
Replace the Governance Framework
Define technical standards
✅ Correct Answer: Formally authorize the P3O
32. Which technique is used to prioritize portfolio investments?
Cost-Benefit Analysis
Gantt Chart
Stakeholder Map
Risk Matrix
✅ Correct Answer: Cost-Benefit Analysis
33. What is the purpose of a P3O Roadmap?
Outline the phased implementation of the P3O
Track daily project tasks
Replace the Portfolio Dashboard
Define software requirements
✅ Correct Answer: Outline the phased implementation of the P3O
34. Which P3O function manages resource allocation?
Resource Management
Risk Management
Financial Control
Information Management
✅ Correct Answer: Resource Management
35. What is the purpose of a P3O Business Case?
Justify the establishment of the P3O
Track stakeholder engagement
Replace the Governance Framework
Define technical architecture
✅ Correct Answer: Justify the establishment of the P3O
36. Which P3O model operates without a physical location?
Virtual Office
Hub-and-Spoke
Temporary Office
Centralized Office
✅ Correct Answer: Virtual Office
37. What is the purpose of a P3O Maturity Assessment?
Evaluate the effectiveness of the P3O
Track project costs
Replace the Portfolio Dashboard
Define software testing protocols
✅ Correct Answer: Evaluate the effectiveness of the P3O
38. Which P3O function ensures financial oversight?
Financial Control
Resource Management
Risk Management
Information Management
✅ Correct Answer: Financial Control
39. What is the purpose of a P3O Benefits Map?
Visualize how projects contribute to strategic benefits
Track individual project tasks
Replace the Governance Framework
Define technical standards
✅ Correct Answer: Visualize how projects contribute to strategic benefits
40. Which P3O role coordinates between projects and programmes?
Programme Office Manager
Portfolio Office Manager
Project Manager
Business Analyst
✅ Correct Answer: Programme Office Manager
41. What is the purpose of a P3O Communication Plan?
Define how information is shared with stakeholders
Track project budgets
Replace the Portfolio Dashboard
Define technical architecture
✅ Correct Answer: Define how information is shared with stakeholders
42. Which P3O function manages risks across the portfolio?
Risk Management
Financial Control
Resource Management
Information Management
✅ Correct Answer: Risk Management
43. What is the purpose of a P3O Performance Metrics?
Measure the effectiveness of the P3O
Track individual project tasks
Replace the Governance Framework
Define software requirements
✅ Correct Answer: Measure the effectiveness of the P3O
44. Which P3O model centralizes all support functions?
Centralized Office
Hub-and-Spoke
Virtual Office
Temporary Office
✅ Correct Answer: Centralized Office
45. What is the purpose of a P3O Stakeholder Map?
Identify and analyze stakeholder influence
Track project costs
Replace the Portfolio Dashboard
Define technical standards
✅ Correct Answer: Identify and analyze stakeholder influence
46. Which P3O function ensures lessons are captured and shared?
Knowledge Management
Risk Management
Financial Control
Resource Management
✅ Correct Answer: Knowledge Management
47. What is the purpose of a P3O Health Check?
Assess the ongoing effectiveness of the P3O
Track stakeholder engagement
Replace the Governance Framework
Define software architecture
✅ Correct Answer: Assess the ongoing effectiveness of the P3O
48. Which P3O role focuses on benefits realization?
Business Change Manager
Programme Office Manager
Project Manager
Portfolio Office Manager
✅ Correct Answer: Business Change Manager
49. What is the purpose of a P3O Risk Register?
Document and track risks to the P3O
Track project budgets
Replace the Portfolio Dashboard
Define technical requirements
✅ Correct Answer: Document and track risks to the P3O
50. Which P3O function ensures alignment between projects and strategy?
Strategic Alignment
Financial Control
Resource Management
Information Management
✅ Correct Answer: Strategic Alignment
51. What is the purpose of a P3O Lessons Learned Report?
Capture insights for improving P3O operations
Track daily project tasks
Replace the Governance Framework
Define software testing protocols
✅ Correct Answer: Capture insights for improving P3O operations
52. Which P3O model provides localized support to projects?
Hub-and-Spoke
Centralized Office
Virtual Office
Temporary Office
✅ Correct Answer: Hub-and-Spoke
53. What is the purpose of a P3O Quality Assurance function?
Ensure consistent standards across projects
Track stakeholder engagement
Replace the Portfolio Dashboard
Define technical architecture
✅ Correct Answer: Ensure consistent standards across projects
54. Which P3O role oversees the entire portfolio?
Portfolio Office Manager
Programme Office Manager
Project Manager
Business Analyst
✅ Correct Answer: Portfolio Office Manager
55. What is the purpose of a P3O Benefits Realization Plan?
Define how benefits will be measured and tracked
Track project costs
Replace the Governance Framework
Define software requirements
✅ Correct Answer: Define how benefits will be measured and tracked
56. Which P3O function manages change requests?
Change Control
Risk Management
Financial Control
Resource Management
✅ Correct Answer: Change Control
57. What is the purpose of a P3O Stakeholder Engagement Plan?
Define how to communicate with stakeholders
Track project budgets
Replace the Portfolio Dashboard
Define technical standards
✅ Correct Answer: Define how to communicate with stakeholders
58. Which P3O model is best for organizations with distributed teams?
Virtual Office
Centralized Office
Hub-and-Spoke
Temporary Office
✅ Correct Answer: Virtual Office
59. What is the purpose of a P3O Resource Plan?
Ensure adequate resources are available
Track stakeholder engagement
Replace the Governance Framework
Define software architecture
✅ Correct Answer: Ensure adequate resources are available
60. Which P3O function ensures compliance with organizational policies?
Governance
Financial Control
Resource Management
Information Management
✅ Correct Answer: Governance
The Axelos P3of Portfolio Programme And Project Offices Foundation certification is a globally recognized credential for IT professionals.
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