PfMP PMI Exam Questions and Free Practice Test

Question 13

As part of the strategic alignment, you Evaluate organizational strategic goals and objectives using document reviews, interviewing, and other information gathering techniques in order to

A. Understand the strategic priorities

B. Create a basis for decision making

C. Provide a guiding framework to operationalize the organizational strategic goals and objectives

D. Create portfolio scenarios

Correct Answer:A

Question 14

In your web app company, the portfolio is constantly changing. It is not unusual for a new proposal to be submitted each day and for other components to be terminated as a competitor was first to market. The Portfolio Review Board usually meets daily in this fast- paced environment as it:

A. Evaluates the portfolio for specific actions it needs to take

B. Ensures there are no open issues from past meetings that affect different components

C. Provides a high-level view of the portfolio's direction

D. Addresses organizational strategy

Correct Answer:D

Question 15

When it comes to managing a portfolio, you have a variety of assets, plans and tools and techniques used. It requires a good experience to handle all of these artifacts. One of your portfolio team members came to you asking about the relation between the portfolio performance management plan, the portfolio management plan and portfolio strategic plan. What should your answer be?

A. The portfolio strategic plan is a subsidiary plan or a component of the portfolio management pla

B. The portfolio performance management plan is a separate plan

C. The portfolio performance management plan is a subsidiary plan or a component of the portfolio management pla

D. The portfolio strategic plan is a separate plan

E. The portfolio performance management plan is a subsidiary plan or a component of the portfolio strategic pla

F. The portfolio strategic plan is also incorporated within the portfolio management plan as a part of it

G. The portfolio performance management plan and the portfolio strategic plan are both subsidiaries of the portfolio management plan

Correct Answer:B

Question 16

You prepared a portfolio risk management plan when you replaced the previous portfolio manager three years ago. However, recent structural and execution risks have affected the portfolio adversely, resulting in lost opportunities and a decrease in overall return on investment. You are updating the risk management plan as now stakeholders can see its value. In doing so, you can use some portfolio process assets such as:

A. Lessons learned

B. Portfolio algorithms

C. Vision statements

D. Risk categories

Correct Answer:B

Question 17

The interest, influence, and communication needs of business operational stakeholders who are looking to ensure alignment between portfolio components, while minimizing negative impact and maximizing positive benefits of all portfolio-managed changes to their business operations, relate to which type of stakeholders?

A. Internal and External Stakeholders

B. External Stakeholders

C. Does not relate to stakeholders

D. Internal Stakeholders

Correct Answer:D

Question 18

Your company is currently on the verge of bankruptcy due to the lack of transparency within the organization; this alerted the CEO to take decisive actions and request that new reporting lines be established in order to be fully transparent. The new reporting lines triggered changes in roles & responsibilities for managing communication and communication policies & constraints. Where are these changes reflected when it relates to your portfolio?

A. Portfolio Process Assets updates

B. Portfolio Updates

C. Portfolio Management Plan updates

D. Organizational Process Assets updates

Correct Answer:C

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