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PMI PfMP Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Portfolio Risk Management15%- Develop and implement risk responses
- Monitor aggregate risk exposure
- Identify and analyze portfolio risks
- Develop risk management plan
Topic 2: Strategic Alignment25%- Develop portfolio charter
- Manage strategic change
- Develop and maintain portfolio strategic plan
- Prioritize portfolio components based on strategic value
- Define portfolio goals and objectives
Topic 3: Governance20%- Oversee component authorization and approval
- Ensure compliance with policies and standards
- Define governance roles and responsibilities
- Establish portfolio management information system
Topic 4: Portfolio Performance25%- Establish key performance indicators
- Manage portfolio value and benefits realization
- Conduct portfolio reviews and assessments
- Develop performance management plan
Topic 5: Communications Management15%- Monitor and improve communication effectiveness
- Identify and analyze stakeholders
- Distribute information and manage engagement
- Develop communication strategy and plan

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q533-Q538):

NEW QUESTION # 533
As you work to determine which stakeholders had the highest degree of influence over the portfolio, you wanted to especially know about the members of the Portfolio Governance Board because:

Answer: A


NEW QUESTION # 534
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?

Answer: A


NEW QUESTION # 535
Along the course of the portfolio, you will be recommending the initiation, termination and update of components. The governance bodies will be approving or rejecting your recommendations as part of their role in the authorization of the portfolio. As a portfolio manager, which of the following, in your opinion, is the objective/purpose of the Authorize Portfolio Process?

Answer: C


NEW QUESTION # 536
Along the course of the portfolio, you will be recommending the initiation, termination and update of components. The governance bodies will be approving or rejecting your recommendations as part of their role in the authorization of the portfolio. As a portfolio manager, which of the following, in your opinion, is the objective/purpose of the Authorize Portfolio Process?

Answer: C

Explanation:
Explanation
The purpose of this process is to activate selected portfolio components by allocating resources to develop component proposals or execute portfolio components; update relevant portfolio reports such as funding updates, resource assignments, and allocations; and document governance decisions


NEW QUESTION # 537
After three months, you have a list of all the program, project, and ongoing work being done in your
500-person Division of your State Government Agency. With this list, the next step is to:

Answer: A


NEW QUESTION # 538
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