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PMI PfMP Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Portfolio Risk Management25%
Topic 2: Governance25%
Topic 3: Portfolio Performance25%
Topic 4: Strategic Alignment25%

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q163-Q168):

NEW QUESTION # 163
You are the manager of a major portfolio with a critical strategic objective. You have just finalized the roadmap development and wanted to have a quick discussion on it with the team. One of your team members asks you your opinion on the relation between Portfolio roadmap and Strategic Objectives.
What would your answer be?

Answer: C


NEW QUESTION # 164
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. You are currently in the process of developing the risk management plan.
Which of the following activities will you be performing?

Answer: B

Explanation:
Explanation
This is a tricky question which as far as we know, has had occurrences in the exam. A clear distinction should be made: Risk Planning is the only activity used in this process. Risk assessment and risk response are part of the Manage Portfolio Risk Process and not the development of the portfolio risk management plan one.


NEW QUESTION # 165
Ideally, the organization practices a policy of open communications on risks and encourages people to point any out at all levels, even if the risk does not affect one's own work and especially if it affects the portfolio. Different people, though, have different perspectives of the various portfolio risks based on their position in the organization. Assume a risk has been identified concerning the organization's operating model. This risk was identified by:

Answer: D


NEW QUESTION # 166
Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. When it comes to risk tolerance definition, which of the following is the correct one?

Answer: C

Explanation:
Explanation
Risk tolerance is the threshold or attitude of an organization towards the positive or negative effects of risks on the organization's portfolio


NEW QUESTION # 167
As a portfolio manager and in the aim of defining the preliminary list of components to be included in your portfolio, which will serve as a starting point for developing a portfolio. You start by identifying existing and potential portfolio components by reviewing documentation such as business plans/proposals in order to

Answer: B

Explanation:
Explanation
You are in the the strategic alignment here and not in the governance process group. How do you know? The inventory of work (SPM V3 Page 43 - 4.1.1.2) clearly points out to this and to that at this stage, you define the starting inventory of work to be elaborated on the go. Being at this stage removes the "Define Portfolio" (which is in Governance) as a valid concept for the given scenario.
As per the Portfolio Management Professional Exam Content Outline, you Identify existing and potential portfolio components by reviewing documentation such as business plans/proposals in order to create portfolio scenarios


NEW QUESTION # 168
......

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