PfMP PMI Exam Questions and Free Practice Test

Question 67

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. When it comes to Portfolio dependencies, which of the following is true regarding the roadmap?

A. The roadmap forms the initial basis on which dependencies are established both within the portfolio and externally to the portfolio, between the organization areas

B. The Portfolio roadmap includes programs and projects roadmaps, so it establishes the internal dependencies for the portfolio and its subsequent programs and projects

C. The roadmap is internal to the portfolio, so it only establishes the internal dependencies

D. The roadmap caters for the alignment with strategic objectives, so it establishes external dependencies

Correct Answer:A

Question 68

The Portfolio Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Management Plan purpose and focus?

A. Identifies recipients for information associated with the portfolio management process

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

C. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio

D. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components

Correct Answer:C

Question 69

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

Correct Answer:D

Question 70

By setting up portfolio categories and using a pair-wise comparison approach to rank components, as the portfolio manager, you feel that you are finally setting up and getting people to follow standard portfolio practices. Since portfolio management still is relatively new, progress is under way. As some components are added, and others are not continued, you are making sure if a component is terminated that it does not have dependencies with others in the portfolio. You need to then:

A. Revise the ranking model

B. Inform all stakeholders

C. Update the roadmap

D. Upgrade to a more detailed scoring model that includes dependencies with components

Correct Answer:C

Question 71

Portfolios tend to have over or under allocations if the portfolio management is of low maturity. Which tool will help you analyze the resources over and under allocations?

A. Communication Management Plan

B. Resource Histograms

C. Performance Management Plan

D. Resource Pool

Correct Answer:B

Question 72

Your company works closely with the government on the implementation of water pumps for rural areas. You are constantly dealing with new and updated regulations, and periodically adapting the portfolio to the changes. When it comes to regulatory components, how do you include the components in the portfolio?

A. Normally categorize, score and rank the components, however, include them in the final portfolio regardless of the results

B. Normally categorize, score and rank the components and include them similar to any other component in the portfolio

C. Reject them if they are not strategically aligned with the portfolio objectives

D. Include them directly in the portfolio without categorization, ranking and scoring

Correct Answer:A

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