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PMI PfMP Exam Syllabus Topics:

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

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PfMP Knowledge Points & PfMP Hot Questions

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q573-Q578):

NEW QUESTION # 573
Updates to schedules i.e. resource, funding, benefits, are results of Developing the Portfolio Performance Management Plan process. Where should these updates be recorded?

Answer: C

Explanation:
Explanation
Portfolio Process Assets include formal and informal plans, policies, procedures, and guidelines. In addition to portfolio related knowledge bases, such as lessons learned and historical information. And last but not least they include information on tools, techniques, models, integrated schedules, and risk and performance data.
In our scenario, we are updating the integrated schedules which is part of the PPA's. Always remember that plans only include guidelines and approaches, they do not include specificities!


NEW QUESTION # 574
Risk Management is integrated in all the other processes and process groups and is an integral recurrent activity throughout the portfolio life cycle. Which of the following is considered the most effective method for analyzing the effect of risks on portfolio strategic objectives, and determining whether they have high or low effect

Answer: B

Explanation:
Explanation
The tornado diagram displays the contribution of each of the identified risks to the value of one strategic objectives i.e. profitability, etc.


NEW QUESTION # 575
The portfolio undergoes a lot of changes through the portfolio life cycle, and the state of the portfolio changes on the go. Some components are terminated, other are added and initiated.
When it comes to the authorize portfolio process, which of the following represents the state of the portfolio

Answer: C


NEW QUESTION # 576
As part of the governance function, the governance board members are required to be present in the portfolio review meeting in order to know the status of the portfolio and be able to take decisions on pending points.
When it comes to review meetings, which of the following is valid?

Answer: B

Explanation:
Explanation
Review meetings are typically recurring, formal in nature, scheduled around significant portfolio milestones, or triggered by external events such as financial drivers, regulatory changes, and completion of significant portfolio components or deliverables


NEW QUESTION # 577
You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups.
you know that managing communication is key to success and you stress on maintaining a high communication level. As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Communication matrix is one of the prepared documents, what does it include?

Answer: C


NEW QUESTION # 578
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