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PMI PfMP Exam Overview:
| Certification Vendor: | PMI (Project Management Institute) |
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| Exam Name: | Portfolio Management Professional (PfMP) Certification Exam |
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| Exam Number: | PfMP |
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| Exam Price: | USD 800 (PMI member) / USD 1000 (non-member) |
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| Related Certifications: | PgMP (Program Management Professional) PMP (Project Management Professional) |
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| Real Exam Qty: | 170 |
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| Exam Format: | Multiple-choice, Scenario-based questions |
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| Available Languages: | Arabic, English, German, Japanese, Chinese (Simplified), French, Korean, Spanish, Portuguese |
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| Certificate Validity Period: | 3 years |
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| Exam Duration: | 240 minutes |
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| Recommended Training: | PMI Learning (Official Training Resources) PMI Authorized Training Partners (ATP Directory) |
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| Exam Registration: | PMI Exam Scheduling (Pearson VUE via PMI) PMI PfMP Certification Overview & Application |
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| Sample Questions: | PMI PfMP Sample Questions |
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| Exam Way: | Computer-based testing via Pearson VUE test centers or online proctored exam delivery. |
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| Pre Condition: | Candidates typically require extensive professional experience in portfolio management, including significant years in portfolio-related roles and leadership responsibility over multiple programs and projects, as defined by PMI eligibility criteria. |
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| Official Syllabus URL: | https://www.pmi.org/certifications/portfolio-management-pfmp |
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PMI PfMP (Portfolio Management Professional) Certification Exam is a highly respected certification for professionals who work in the field of portfolio management. Portfolio Management Professional (PfMP) certification is designed to validate a candidate’s experience and knowledge in portfolio management and enable them to demonstrate their expertise in this field. Portfolio Management Professional (PfMP) certification is offered by the Project Management Institute (PMI), which is a globally recognized organization for project management professionals.
PMI Portfolio Management Professional (PfMP) Sample Questions (Q764-Q769):
NEW QUESTION # 764
Your probability and impact assessment work is complete, and you are using the results to prepare the portfolio risk management plan. As you do so, it also is useful to:
- A. Validate with your stakeholders that your analysis meets their expectations
- B. Communicate the results with others in the organization for greater transparency
- C. Identify specific trends for each risk using qualitative and quantitative analysis
- D. Define the assurance levels of the risk and its performance measures
Answer: D
NEW QUESTION # 765
A new portfolio manager in your organization is currently preparing his portfolio charter and has come to you asking advice about what should be present in charter
- A. All internal and external dependencies, components fixed timelines
- B. Justification, Scenario Analysis
- C. Key dependencies, critical success criteria, high-level timelines
- D. Justification, Scenario Analysis, Capability & Capacity Analysis
Answer: C
Explanation:
Explanation
Justification is correct, however the other points in the options are tools and techniques used and not content.
Charter contains the portfolio vision, objectives, portfolio justification, key and major stakeholders, stakeholder expectations and requirements, communication requirements, high-level scope, benefits, critical success criteria, resources, high-level timeline, and assumptions, constraints, dependencies, and risks
NEW QUESTION # 766
What can you tell about the following portfolio status, having CPI weight = 80% and SPI weight =
20% Larger image
- A. Work is not performing well and outside of range
- B. Work is progressing as planned and within range
- C. Work is not preforming well but within range
- D. Work is progressing as planned but outside range
Answer: B
NEW QUESTION # 767
Due to strategic changes, one of the sub-portfolios in your portfolio has been decided to be canceled because it no longer meets the new market demands. What is your next step as a portfolio manager?
- A. Meet the sub-portfolio's team in order to assess the impact
- B. Start terminating the component and return back the remaining resources to the resource pool
- C. Consider it as a normal change, submit a change request for cancellation and wait for the governance board approval
- D. Analyze the impact of this cancellation on the overall portfolio and recommend a decision to the governance board
Answer: B
Explanation:
Explanation
The decision to terminate the sub-portfolio has been taken, thus no further analysis and assessments are needed. The portfolio manager will immediately start the termination process
NEW QUESTION # 768
You have just finalized aggregating value from the ongoing components to present a consolidated report to the governance board, in addition to recommending changes to portfolio and information to enable a better decision making. You are now looking for a place to document updates including new measures, reports and processes for effective ongoing management of the portfolio value. In which of the following documents are these measures included?
- A. Portfolio Reports
- B. Portfolio Process Assets updates
- C. Portfolio updates
- D. Portfolio Management Plan updates
Answer: D
NEW QUESTION # 769
......
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