Which is a characteristic of the Vision Statement?
A.
Describes the current state
B.
Defines how to deliver the P3O model
C.
Links the P3O model to achievement of business goals
D.
Documents detailed processes for the P3O
The Answer Is:
C
Want to know why?
Explanation:
The P3O® Foundation (2013) manual defines the Vision Statement as linking the P3O model to business goals. Section 4.3.2 states, "The Vision Statement articulates the future state of the P3O and links it directly to the achievement of the organization’s business goals, providing a strategic foundation for implementation." This differs from describing the current state (A), which is part of the baseline assessment, defining delivery methods (B), which is the Blueprint’s role, or documenting processes (D), which occurs later. The 2013 edition emphasizes this strategic linkage to ensure alignment with organizational objectives, guiding the P3O’s development. This focus supports effective change management and resource allocation.
[Reference: P3O® Foundation (2013) manual, Section 4.3.2, AXELOS. , ]
Which describes the people or skills required for a Portfolio Office?
A.
Should be resourced with people wanting to move into project management
B.
Skills of Portfolio Office staff are the same as those for a role in a COE
C.
Needs enough people who are able to interpret and challenge data
D.
Should be resourced with a large number of administrative staff
The Answer Is:
C
Want to know why?
Explanation:
The P3O® Foundation (2013) manual indicates that a Portfolio Office requires staff skilled in interpreting and challenging data. Section 3.5.3 states, "The Portfolio Office should be staffed with individuals capable of interpreting complex data, challenging assumptions, and providing analytical support to inform portfolio decisions." This contrasts with aspirations for project management (A), identical COE skills (B), or heavy administrative staffing (D), which do not align with the analytical focus. The 2013 edition emphasizes the need for analytical expertise to support portfolio prioritization and risk management, ensuring strategic decision-making. This skill set is critical for the Portfolio Office’s role in providing high-level support and insights.
[Reference: P3O® Foundation (2013) manual, Section 3.5.3, AXELOS. , ]