Which is an underlying success factor for a Virtual P3O model?
A.
Good Heads of Hub Portfolio Offices are available
B.
Standards continue to be developed by monitoring external best practice
C.
Current culture and processes are challenged
D.
P3O costs are seen as an unnecessary overhead
The Answer Is:
B
This question includes an explanation.
Explanation:
The P3O® Foundation (2013) manual identifies continuous development of standards through external best practice as a success factor for a Virtual P3O model. Section 5.3.3 states, "A key success factor for a Virtual P3O is the ongoing development of standards by monitoring external best practices, ensuring adaptability and relevance." This differs from hub leadership (A), cultural challenge (C), or cost perception (D), which are irrelevant or negative factors. The 2013 edition highlights this adaptability to maintain effectiveness in a flexible, distributed model. This ensures competitive PPM practices.