PfMP PMI Exam Questions and Free Practice Test

Question 85

In your opinion as a portfolio manager, which of the following is considered one of the portfolio's concerns?

A. Determining how to balance components given the organization??s capacities and capabilities

B. Maximizing financial value of the portfolio

C. All of the options

D. Tailoring the fit of the portfolio to the organizational strategy and objectives

Correct Answer:C

Question 86

You have set a series of meetings with your portfolio team members as an answer to the identification and update of the organization near-term budget and plans. As a result you have defined and developed the portfolio strategic goals, near-term budgets, and plans, and you now want to start managing ongoing portfolio activities. What is the focus of what you are doing?

A. Authorizing the portfolio

B. All of the options

C. Achieving Results

D. Initiating the portfolio

Correct Answer:C

Question 87

As part of the Portfolio Communication, the Portfolio Manager analyzes the raw data assimilated from the portfolio process assets and from the stakeholder analysis. This analysis aims to isolate the data that hold value to the receiving audience. Which tool can the portfolio manager use to help him in performing this analysis?

A. Communication Methods

B. Elicitation

C. Stakeholder Analysis

D. Communication Requirements Analysis

Correct Answer:D

Question 88

Portfolio Governance Model is developed as part of the Portfolio management plan and defines the way the organizational assets and resources are planned to be managed within the portfolio according to the specific environment of the organization. Which of the following is correct regarding the Governance Model purpose and content?

A. Establishes and tailors the decision-making rights and authorities

B. Ensures benefits are comprehensively and holistically taken into consideration

C. Contains criteria to ensure alignment to strategic goals, expected return on investment (ROI), investment risks, and dependencies

D. All of the options

Correct Answer:A

Question 89

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the below helps in optimizing the supply and demand?

A. Minimize both the unused capacity and the unmet demands

B. Maximize both the unused capacity and the unmet demands

C. Maximize the unused capacity and minimize the unmet demands

D. Minimize the unused capacity and maximize the unmet demands

Correct Answer:B

Question 90

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

Correct Answer:A

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