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PMI PMO-CP Exam Syllabus Topics:
Topic
Details
Topic 1
- Establishing the PMO Balanced Scorecard: This module helps PMO managers and performance measurement professionals develop and implement a balanced scorecard for the PMO.
Topic 2
- Calculating the PMO ROI (Return On Investment): In this module, PMO managers and financial analysts will learn how to calculate the return on investment (ROI) for the PMO. This involves assessing the financial benefits delivered by the PMO relative to its costs and effectively communicating this value to stakeholders and senior management.
Topic 3
- Assessing the PMO Maturity and Planning Its Evolution: This module guides PMO managers and strategic planners through the process of assessing the maturity of their PMO.
Topic 4
- Establishing the PMO Processes: In this module, PMO managers and process improvement specialists will learn how to set up the essential processes for the PMO. It involves designing and implementing standardized processes that enhance project management effectiveness across projects.
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PMI PMO Certified Professional Sample Questions (Q85-Q90):
NEW QUESTION # 85
During a performance review, a PMO team discusses whether the success of the projects it oversees is a direct indicator of the PMO's success. Does the success of projects under the PMO mandate demonstrate the success of the PMO?
- A. Yes, as successful projects enhance the perception of the value provided by the PMO
- B. No, because the correlation between project success and PMO success is not relevant for a support area
- C. Yes, because the PMO is always established to improve project performance
- D. Sometimes, depending on the specific functions the PMO is responsible for offering
Answer: D
Explanation:
The success of projects under the PMO's mandate can indicate PMO success if the PMO is directly responsible for delivering those functions. However, a PMO's value is broader and may also include strategic alignment, governance, and portfolio management, which may not always be directly tied to project-level outcomes.
Reference:
PMI's The Standard for Project Portfolio Management.
PMO Performance Metrics - Assessing success beyond project outcomes.
NEW QUESTION # 86
A PMO is considering presenting its stakeholders with a "menu" of available functions to streamline the process of aligning expectations. However, some PMO team members raise concerns that this approach might not address stakeholders' actual needs effectively. Why is presenting a "menu" of PMO functions to stakeholders considered flawed?
- A. Stakeholders typically prefer choosing specific project managers for their teams
- B. Stakeholders may lack the expertise to identify the most suitable PMO service
- C. It demands significant effort from the PMO staff to manage the selection process
- D. It simplifies the PMO's responsibilities, limiting its potential contributions
Answer: B
Explanation:
Presenting a "menu" assumes that stakeholders can identify the functions that best meet their needs. However, stakeholders often lack the technical understanding to make informed decisions. Instead, the PMO should engage stakeholders in discussions about their desired outcomes and benefits to design tailored services.
References:
* PMI's Stakeholder Engagement Principles - Engaging stakeholders in collaborative decision-making.
* The PMO Value Ring Framework - Aligning PMO services with stakeholder expectations.
NEW QUESTION # 87
What is the recommended PMO VALUE RING evaluation cycle?
- A. 12-month cycles, starting on its set up or first evaluation.
- B. There is no recommended cycle.
- C. Only once, when the PMO is being set up.
- D. Every 5 years.
Answer: A
Explanation:
The PMO VALUE RING methodology, developed by the PMO Global Alliance, provides a structured approach to ensure the continuous improvement and alignment of PMOs with organizational needs. The recommended evaluation cycle for the PMO VALUE RING is 12 months, starting either from the PMO's initial setup or its first evaluation.
Continuous Improvement: The 12-month evaluation cycle is crucial because it allows PMOs to adapt to changes in the organization, market, and project environment. By evaluating annually, PMOs can identify gaps, realign with strategic goals, and implement necessary improvements.
Performance Monitoring: An annual review helps monitor the PMO's performance, assessing whether the expected value delivery aligns with stakeholder expectations. This cycle ensures that the PMO remains relevant and effective over time.
Flexibility: Although 12 months is the recommended cycle, the PMO VALUE RING methodology is flexible enough to allow for adjustments based on specific organizational needs. However, the 12-month cycle is a best practice for maintaining the PMO's strategic alignment.
PMI and PMO VALUE RING Reference:
The PMI's Standard for Portfolio Management and PMI's PMBOK Guide emphasize the importance of continuous monitoring and evaluation in project, program, and portfolio management. Regular cycles ensure that the PMO is effectively contributing to the organization's strategy.
The PMO VALUE RING provides a clear framework for PMOs to follow, ensuring that value is consistently delivered. The 12-month cycle recommendation aligns with the principle of continuous improvement advocated by PMI.
By adhering to the 12-month evaluation cycle, PMOs can ensure they are always aligned with the organization's evolving needs, thus maximizing their value contribution.
Follow-Up Questions:
How can a PMO integrate lessons learned from the 12-month PMO VALUE RING evaluation into its strategic planning process?
What are some potential risks of not following the recommended 12-month evaluation cycle for a PMO?
How can the PMO VALUE RING methodology be adapted to suit smaller organizations with limited resources?
Additional Resources:
PMI's PMBOK Guide
PMI's Standard for Portfolio Management
PMO Global Alliance - PMO VALUE RING
NEW QUESTION # 88
During a PMO stakeholder feedback session, participants are asked to articulate their expectations of the PMO. While some mention tools and processes, the facilitator emphasizes the importance of aligning the PMO's efforts with broader organizational goals. What is the primary focus of PMO stakeholders when articulating their needs?
- A. Defining the desired benefits and benefits they expect to achieve
- B. Describing the PMO's internal processes and governance model
- C. Listing the specific project management tools they prefer to use
- D. Highlighting the technical functions and outputs provided by the PMO
Answer: A
Explanation:
Stakeholders primarily focus on the benefits they expect from the PMO rather than technical outputs or internal processes. A value-driven approach ensures that PMO efforts align with organizational goals and stakeholder priorities, emphasizing outcomes over methodologies or tools.
References:
* PMI's The Standard for Benefits Realization Management.
* PMO Value Ring Framework - Stakeholder expectations and value alignment.
NEW QUESTION # 89
The PMO VALUE RING uses as a basis to provide recommendations:
- A. The user's successful experiences.
- B. The opinion of a renowned expert on the topic.
- C. The collective intelligence of the global community of PMO professionals.
- D. The best academic references available.
Answer: C
Explanation:
Comprehensive Detailed Explanation with All PMI PMO Professional ReferencesThe PMO VALUE RING is built upon the collective intelligence of a global community of PMO professionals. It leverages insights, experiences, and best practices from numerous practitioners to provide comprehensive, practical, and validated recommendations. This ensures the methodology is widely applicable and grounded in real-world experience rather than theoretical or individual viewpoints.
NEW QUESTION # 90
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