PfMP PMI Exam Questions and Free Practice Test

Question 115

You are the manager for a governmental portfolio aiming to restructure the roads in your
country. Having a large number of stakeholders including the public, you know that you will be managing the communication closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you have developed a robust communication management plan. What is expected to be found in this plan?

A. Organization areas and organization structure

B. Introduction (goals, objectives, strategies, and tactics)

C. Communication objectives

D. Portfolio structure including a listing of the various portfolio components and other work

Correct Answer:C

Question 116

Your company has had a portfolio management process in place for five years at the enterprise level, in its business units, and even in its complex programs. This year the company's Center for Excellence received an award for its work in this area from PMI®. As the Portfolio Manager, you have predefined metrics in place, which are critical because:

A. They show transparency at all levels

B. They provide stakeholders with critical information on the health of the portfolio

C. They show the link of each initiative to the company's strategic goals

D. They provide insight into the processes being used

Correct Answer:D

Question 117

Working as the portfolio manager for your business unit of a major aerospace organization means you have a variety of programs, projects, and operational activities under way. You have set up a number of reports on the progress of the portfolio for your various stakeholders, but the best approach is to monitor the progress of the portfolio against:

A. Organizational strategy

B. Organizational goals

C. Specific key performance indicators for the business unit

D. Organizational critical success factors

Correct Answer:A

Question 118

You are managing a portfolio in a functional organization and resources are shared between operations and projects. You are continuously performing capability and capacity analysis in order to optimize the portfolio. Which of the following capability and capacity analysis is used to limit the number AND size of components the organization can execute?

A. Financial

B. Human Resources

C. Knowledge Basis

D. Assets

Correct Answer:D

Question 119

You are currently defining a hierarchical representation of your portfolio and its components and listing the major and milestone components, including dependencies internal and external to the portfolio with business units. For this you know that you will need multiple inputs. Which of the following are considered inputs in your case?

A. Portfolio, Portfolio Strategic Plan, Portfolio Process Assets

B. Portfolio, Portfolio Charter, Portfolio Strategic Plan

C. Portfolio, Portfolio Charter, Portfolio Management Plan

D. Portfolio, Portfolio Strategic Plan, Portfolio Management Plan

Correct Answer:B

Question 120

After the second shutdown of the Government, your Agency Administrator realized that some essential programs had to continue even during the shutdown, some existing work along with some programs and projects in the pipeline perhaps were not needed, and resources may require reallocation. This example shows the:

A. Need to reconsider portfolio selection criteria

B. Need to revise the portfolio mix

C. Importance of regular reviews by the Portfolio Review Committee

D. Need to reevaluate the entire portfolio management cycle

Correct Answer:B

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