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Reference: https://www.pmi.org/certifications/portfolio-management-pfmp
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PMI Portfolio Management Professional (PfMP) Sample Questions:
In managing strategic change, the portfolio manager performs stakeholder analysis in order to consider the changing requirements. One of the key stakeholders expressed concerns about the lack of recognition of the value contribution of his department. The portfolio manager is not convinced with the level of value contribution. Which of the following is considered the best approach to take?
- A. Assign an owner to follow up on this concern and take a decision accordingly
- B. This is a key stakeholder and his expectations and requirements should be taken into consideration for further analysis
- C. Accept the statement as it is a key stakeholder and the portfolio manager should remain in good contact with him
- D. Reject the statement
Correct Answer: B 🗳️
When used as one option to select and rank portfolio components, the balanced scorecard approach is primarily based on:
- A. estimated maintenance cost, ability to leverage core competencies, reward versus risk, and technical feasibility.
- B. net present value, return on investment (ROI), strategic alignment, and technical feasibility.
- C. return on investment (ROI), net present value, estimated cost to complete, and estimated maintenance cost.
- D. strategic alignment, ability to leverage core competencies, technical feasibility, and reward versus risk.
Correct Answer: D 🗳️
A company hired you as a portfolio manager. Knowing that the company doesn't have any formalized processes to approve initiatives and report project status, you decided to propose a governance model. Where should you document the governance model?
- A. Portfolio process assets
- B. Portfolio charter
- C. Portfolio strategic plan
- D. Portfolio management plan
Correct Answer: D 🗳️
Which type of analysis determines the effect of changing one or more factors of the portfolio?
- A. Force field
- B. Performance
- C. Market-payoff
- D. Trade-off
Correct Answer: C 🗳️
During the portfolio lifecycle, components will be authorized, initiated, executed and closed accordingly. For authorizing the portfolio, as a program manager you will use which of the Which of the following tools and techniques?
- A. PMIS, Authorization techniques, Review Meetings
- B. PMIS, Authorization techniques
- C. Authorization techniques, Scenario Analysis
- D. PMIS, Authorization techniques, Scenario Analysis
Correct Answer: B 🗳️
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