PfMP PMI Exam Questions and Free Practice Test

Question 31

In order to guide the work and correctly manage the portfolio, one of the major documents to be prepared is the Portfolio Management Plan acting as guideline for portfolio management. What are the tools and techniques you could use while developing this plan?

A. Integration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques

B. Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis, PMIS

C. Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis

D. Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization

Correct Answer:A

Question 32

Assume you are the portfolio manager for a telecommunications company. Your company was about to launch a new and easy to use smart phone with more features than any existing phones on the market at a lower price. However, although the phone was due to market in five days, the Federal Communications Commission issued today a regulation that would make your new phone not available for use in airplanes. Thus additional work must be done, and your executives are wondering whether a new phone should be developed for this new feature. You are ensuring that if a new phone is developed, or if the almost completed product is not to be marketed, there is still alignment to the organization's strategy. As you complete an analysis of alternatives, you also should ensure results of the analysis are reflected in the:

A. Benefits realization plan

B. Portfolio process assets

C. Portfolio roadmap

D. Portfolio performance plan

Correct Answer:B

Question 33

Portfolio Reports are widely used as inputs and outputs to multiple processes throughout the Portfolio Life Cycle. Which of the following is NOT part of portfolio reports?

A. None of the options

B. Updates in resources, risks/issues, value/benefits, performance, and financials

C. Governance Recommendations

D. Feedback report to organizational strategy planning

Correct Answer:A

Question 34

Calculate the composite index for the following portfolio having CPI weight = 80% and SPI weight = 20% Larger image

A. 0.9

B. 1.5

C. 1

D. 1.1

Correct Answer:C

Question 35

CORRECT TEXT
Assume your consulting company tried portfolio management in the past, but it was not embraced. Instead, people received bonuses if they were able to acquire new work regardless if it fit the company's strategic plan. However, the company was sold, and the new executive team asked you to be the portfolio manager. You explained it did not work in the past, but the new team has pointed

A. out while a lot of work was won competitively, much of it was for small dollar amounts, and resources are misallocate

B. The new approach is to focus on business value, which has as its goal to:

C. As chieve the greatest return on investment to the organizationB

D. aximize productivity and increase overall customer satisfaction

E. Deliver the maximum value aligned with strategic objectives

F. Focus on those opportunities that have the greatest likelihood of successful completion

Correct Answer:C

Question 36

A portfolio manager needs to continuously balance the need and requirements with the available resources to maintain a balanced portfolio and portfolio resources in order to
optimize delivery, in addition to managing communication, risk, etc. For this you develop a robust Portfolio Management Plan. Which of the below is not a part of this plan?

A. Change Control and Management

B. Portfolio Communication Management Plan

C. Portfolio Strategic Plan

D. Portfolio Performance Management Plan

Correct Answer:C

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