Spring Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: buysanta

Exact2Pass Menu

Portfolio Management Professional (PfMP)

Last Update 14 hours ago Total Questions : 495

The Portfolio Management Professional (PfMP) content is now fully updated, with all current exam questions added 14 hours ago. Deciding to include PfMP practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our PfMP exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these PfMP sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Portfolio Management Professional (PfMP) practice test comfortably within the allotted time.

Question # 141

Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. Which of the following highlights this difference?

A.

Project and Programs risks are combined in order to develop the portfolio risk register as an aggregation of both

B.

Risks at project and programs level can be eliminated, but not at portfolio level

C.

Portfolio risks are inter-components risks, while program and project risks are not

D.

Project and Program risks are risks within the boundaries of the project or program, while portfolio risks can span the organizational level

Question # 142

The portfolio management process ensures the components are aligned to goals. However, it is driven by:

A.

Viability

B.

Value and benefits

C.

Organizational strategy and objectives

D.

Interdependencies and resource constraints

Question # 143

As part of the new strategic direction, the executive management has decided to create a portfolio for the development of a new product. You have been assigned as the portfolio manager. What should you do as a first step?

A.

Update the Strategic Plan

B.

Update existing portfolio

C.

Develop the Strategic Plan

D.

Check existing portfolios, programs and projects

Question # 144

The portfolio management information system is often a collection of spreadsheets rather than automated tools. An effective PMIS enables the portfolio manager to define, analyze, design, produce, and manage information systems to support a successful portfolio, and includes tools and processes such as:

A.

Change or configuration management systems, Communication management processes and tools

B.

Software tools, Risk database and analysis tools, Earned value management processes and tools

C.

Financial management processes and systems, Communication management processes and tools

D.

All of the options

Question # 145

While Optimizing your portfolio, you need to present to the governance board how your components will be ranked and balanced in a quantifiable way. How will you do this?

A.

Graphical analytical methods

B.

Value measurement and scoring

C.

Scenario Analysis

D.

Weighted ranking and scoring

Question # 146

In your telecom company, a number of criteria must be considered as you develop your approach to prioritize components in the portfolio. Your management insists that to be competitive the products must be first to market or the window of opportunity is lost with the result being not only lost revenues but also lost productivity. Another criterion to consider is:

A.

External dependencies

B.

Goals and objectives

C.

Customers

D.

Regulatory compliance

Question # 147

You have been assigned as a consultant to give your expertise on a failing portfolio which is critical to the success of your client ' s organization. You are now in the process of reviewing the portfolio management plan. What do you expect to see as part of this plan?

A.

Portfolio Justification, high-level scope and high-level timelines

B.

Vision for the portfolio, which is based on the alignment with the organization’s goals and objectives

C.

Balancing portfolio and managing dependencies

D.

The major components of the portfolio which are aligned chronologically to achieve portfolio value

Question # 148

Working to ensure the portfolio management process is one that is followed and is embraced has been a major challenge. As the portfolio manager, assume you set up meetings with the Portfolio Governance Group bi-weekly since there is constant change in your telecom company. You also want the portfolio process to be transparent. To do so, a useful tool to communicate status is:

A.

Reports on funding decisions

B.

A governance decision register

C.

The portfolio roadmap

D.

Key portfolio milestones

Go to page: