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 # 21

The portfolio strategic plan should contain a prioritization model or approach that guides the ongoing decisions as to which portfolio components should be added, terminated, or changed, as well as prioritizes and balances the component mix over time. A simple prioritization model may be provided which contains

A.

All of the options

B.

ROI

C.

Criteria to ensure alignment to strategic goals

D.

Investment risks

Question # 22

You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. The Portfolio Roadmap is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Roadmap purpose and focus?

A.

High-level prioritization mapping of the portfolio

B.

Corresponds to the means to the “to-be” vision

C.

Can be used to influence the portfolio’s success

D.

Forecasts how and when the portfolio will deliver value to the organization

Question # 23

In a portfolio, data is an abundant asset, and managing the information aiming for a better decision making is critical. Which of the following help you with managing the portfolio value?

A.

PMIS, Elicitation techniques, Communication Requirements Analysis, Communications Methods

B.

Elicitation techniques, Capability & Capacity Analysis, PMIS

C.

Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis

D.

Scenario Analysis, Capability & Capacity Analysis, Quantitative & Qualitative

Question # 24

Assume you are creating a roadmap for your portfolio and will present it to key stakeholders and then to the Portfolio Review Board. You realize you will be adding additional detail to it, but you also believe its graphical format will be useful. In developing it, you decide to reference prioritization, dependencies, and organizational areas so you should consult the:

A.

Organization ' s strategic plan

B.

Portfolio strategic plan

C.

Portfolio charter

D.

Portfolio management plan

Question # 25

Various people are responsible for communications to different stakeholder groups, both internal and external to the organization. These delegations of authority are:

A.

Organizational process assets

B.

Contained in the portfolio performance plan

C.

A section in the portfolio communication management plan

D.

Portfolio process assets

Question # 26

Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently interviewing senior executive stakeholders and analyzing requirements and expectations for strategic change in order to re-align the portfolio. Which of the following tools and techniques are you currently using?

A.

Stakeholder Analysis

B.

Readiness Assessment

C.

Gap Analysis

D.

Change Analysis

Question # 27

You have scored the portfolio components and are analyzing the data in order to prioritize the components. Using the following scoring table, which of the options represents the correct Components Priority? Taking into consideration that the costs for each component is Component A: 10 K USD, Component B: 15 K USD, Component C: 16 K USD, Component D: 13 K USD and Component E: 11 K USD; The budget for this portfolio is a fixed one of 40 k USD

Larger image

A.

A, C, E, B

B.

D, B, C, E

C.

D, B, E, A

D.

D, B, E

Question # 28

only, which has diversified its product line significantly in the last two years to keep up with its leading competitor located in a different state. Your executive management team learned the other cereal company had implemented portfolio management from a contractor and believes it is essential since the economy is struggling, and resources are constrained. Your first step has been to identify the existing operational work, projects, and programs as well as to learn about proposed components of the portfolio. This list:

A.

Was easy to obtain as you used what was available from the Enterprise Program Management Office

B.

Is part of the portfolio strategic plan

C.

Was gathered through interviews with people from each business unit

D.

Was prepared through questionnaires and the use of cross-functional focus groups

Question # 29

As a portfolio manager you visit and re-do the Optimize Portfolio process continuously. Which of the following, in your opinion, is the objective/purpose of the Optimize Portfolio Process?

A.

Balance the portfolio for performance and value delivery

B.

Make Governance Decisions

C.

Create an up-to-date list of qualified portfolio component

D.

Allocating resources to develop component proposals or execute portfolio components

Question # 30

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. The Portfolio Risk Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding its purpose and focus?

A.

Updates standard criteria to allow the portfolio team to assess the risks that are identified

B.

Identifies recipients for information associated with the portfolio management process

C.

Shows how the portfolio component progress and resource-related issues and risks are integrated with the resource management activities

D.

Articulates the options, preferences, and factors that will be considered in a specific portfolio

Go to page: