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PMI PfMP Exam Syllabus Topics:

Section	Weight	Objectives
Strategic Alignment	25%	- Develop portfolio charter - Prioritize portfolio components based on strategic value - Develop and maintain portfolio strategic plan - Define portfolio goals and objectives - Manage strategic change
Governance	20%	- Oversee component authorization and approval - Ensure compliance with policies and standards - Define governance roles and responsibilities - Establish portfolio management information system
Portfolio Risk Management	15%	- Monitor aggregate risk exposure - Develop risk management plan - Develop and implement risk responses - Identify and analyze portfolio risks
Communications Management	15%	- Monitor and improve communication effectiveness - Distribute information and manage engagement - Develop communication strategy and plan - Identify and analyze stakeholders
Portfolio Performance	25%	- Manage portfolio value and benefits realization - Develop performance management plan - Conduct portfolio reviews and assessments - Establish key performance indicators

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q575-Q580):

NEW QUESTION # 575
As a part of the portfolio management plan, the portfolio performance management plan is intended to:

A. document the vision, goals, objectives, strategies, and other information specific to the portfolio performance.
B. contain information regarding portfolio risk and outline actions to take when adjustments need to be made to the portfolio.
C. provide portfolio oversight with the portfolio management approach and establish how a portfolio is defined.
D. specify measurement and targets that are used to determine whether adjustments need to be made to the portfolio.

Answer: C

NEW QUESTION # 576
One of the major steps for a portfolio manager is to know which components qualify to be included in the mix of components that will achieve the strategic objectives sought by the portfolio. As a program manager, you will use a variety of methods to help you achieve this purpose. Which of the following are valid tools and techniques?

A. Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis
B. Integration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques
C. Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization
D. Capability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative & Qualitative Analysis, PMIS

Answer: C

Explanation:
Explanation
The answer to this question is Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization

NEW QUESTION # 577
When managed correctly, the balanced scorecards can change the way an organization does business.
Balanced scorecards keep focus on results. As a portfolio manager, you know that the purpose of using the balanced scorecards is

A. All of the options
B. Measure performance against goals
C. Translate a high level strategic plan into an operational action plan
D. Bring a feedback loop to strategic planning

Answer: A

NEW QUESTION # 578
You have been assigned as a consultant to give your expertise on a failing portfolio which is critical to the success of your client's organization. You are now in the process of reviewing the portfolio management plan. What do you expect to see as part of this plan?

A. Portfolio Justification, high-level scope and high-level timelines
B. Balancing portfolio and managing dependencies
C. The major components of the portfolio which are aligned chronologically to achieve portfolio value
D. Vision for the portfolio, which is based on the alignment with the organization's goals and objectives

Answer: B

NEW QUESTION # 579
Along your portfolio lifecycle, you have been conducting multiple review meetings to ensure continuation from one phase to another and to ensure the alignment and value delivery, in addition to communicating decisions and valuable information to the related stakeholders. When it comes to decisions and actions taken by the governance board as a result of these meetings, they are communicated through

A. Portfolio Process Assets Updates
B. Portfolio Management Plan Updates
C. Portfolio Reports
D. Portfolio Updates

Answer: C

NEW QUESTION # 580
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