Portfolio database
– Project/ programme databases
– Performance databases
– Management databases
– Configuration management database (CMDB)
Performance levels
• Operating costs
• Service levels
• Revenues
Explanations 3: Outline plan
• The plan must contain a realistic time scale
• Deliverables regarding tools, training
• Periodic reporting and communication
• In line with the blueprint
Explanations 4: Lessons learned workshop agenda
• Right balance between topics and duration
• Possible review topics: organization, performance, risk, issue management, dependencies
• Personal views
• For each of the topics: what went well, badly, could be improved (or top or tips)
• Way forward (actions, owners, dates)
Explanations 5: Tools
• Are the tools explained or visualized?
• In a group, evaluate the tools
Explanations 6: Techniques
• Are the techniques explained or visualized?
• In a group, evaluate the techniques
Explanations 7: Risks
• Risks can be explained in the following way:
| ∘ Risk cause | > risk driver |
| ∘ Risk (event) | > threat or opportunity |
| ∘ Risk effect | > impact on the objectives of the PMO |
• Are mitigation plans realistic?
Explanations 8: Vision statement
Content:
• Clear statement of the end goal of the PMO
• Any imposed constraints
• Context for the programme
• Any relevant information to help set expectations
• Any information to support the justification for change
Quality criteria:
• Is written as a future state
• Can be easily understood with implicit benefits for all key stakeholders
• Describes a compelling future that engages the heart and the head
• Is short, memorable and easy to communicate
• Is verifiable without too many detailed performance targets
• Sets out the current reality as part of the justification for the change
• Is sufficient flexible to remain relevant over life of the programme
P3O Foundation Examination
Exam Paper Questions Cross Reference to Database Ids For Exam Paper:
P3O_FND_2013_ExamPaper_EN_SamplePaper1_V1.0
Foundation Examination
Week ending:
For Exam Paper: P3O_FND_2013_ExamPaper_EN_SamplePaper1_V2.0
1 Which is an example of a support/enabling activity in the P3O Value Matrix?
a) Managing the delivery of programmes
b) Providing tools to assist Project Managers in delivering projects
c) Ensuring programme outcomes are in line with business strategy
d) Checking whether the delivery of initiatives is on schedule
2 Which statement regarding P3O assurance functions and services is FALSE?
a) Takes various forms including regular health checks
b) Carries out audits of its own P3O functions
c) Provides guidance in the start-up stage of projects
d) Provides independent assurance in addition to that provided by a Programme Board
3 Which of the Best Management Practice principles for extracting value helps answer the question 'Are we getting the business benefits?'
a) Safeguard value
b) Prioritize investment
c) Hold people to account
d) Govern effectively
4 Which function or service should be provided by a COE?
a) Monitoring programme risks
b) Delivering programme communications
c) Managing knowledge
d) Prioritizing the portfolio
5 Which should be a responsibility of the P3O Sponsor role?
a)
