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The Portfolio Management Professional (PfMP) PfMP certification is a valuable credential earned by individuals to validate their skills and competence to perform certain job tasks. Your Portfolio Management Professional (PfMP) PfMP certification is usually displayed as proof that you’ve been trained, educated, and prepared to meet the specific requirement for your professional role. The Portfolio Management Professional (PfMP) PfMP Certification enables you to move ahead in your career later.

PMI PfMP Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Strategic Alignment	25%	- Prioritize portfolio components based on strategic value - Manage strategic change - Define portfolio goals and objectives - Develop portfolio charter - Develop and maintain portfolio strategic plan
Topic 2: Portfolio Performance	25%	- Manage portfolio value and benefits realization - Develop performance management plan - Conduct portfolio reviews and assessments - Establish key performance indicators
Topic 3: Communications Management	15%	- Develop communication strategy and plan - Distribute information and manage engagement - Monitor and improve communication effectiveness - Identify and analyze stakeholders
Topic 4: Governance	20%	- Ensure compliance with policies and standards - Establish portfolio management information system - Define governance roles and responsibilities - Oversee component authorization and approval
Topic 5: Portfolio Risk Management	15%	- Develop and implement risk responses - Identify and analyze portfolio risks - Develop risk management plan - Monitor aggregate risk exposure

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q129-Q134):

NEW QUESTION # 129
Different stakeholders will have different portfolio reporting requirements. Sponsors for example will have a great interest in:

A. Overall portfolio value
B. Status in achieving benefits
C. Status in terms of other authorized components
D. If the portfolio will meet organizational strategy

Answer: B

NEW QUESTION # 130
Efficiency is highly regarded when managing a portfolio and spans all activities i.e. risk management, communication management, etc. A portfolio is considered efficient if it

A. lies below the curve
B. lies above the curve
C. Has the best possible expected level of return for its level of risk
D. Minimizes risks to the maximum

Answer: C

NEW QUESTION # 131
A problem related to internal corruption has occurred in your company. The CEO has setup a new management team and had to do budget cuts until the situation is stabilized. Your portfolio is highly affected by this budget cut and you were obliged to cancel a few components. What is your best course of action in this case?

A. Raise the issue to the sponsor so he can get you additional resources
B. Prioritize components and assign the available resources to them
C. Do not cancel components; and request additional budget from the management
D. Cancel the components that are not performing well

Answer: B

NEW QUESTION # 132
One of the key stakeholders came to you asking you to add more metrics because she thinks that it would give the portfolio management a better view of the actual progress. For her the more metrics you have the better. What should your opinion be regarding this?

A. You should disagree and communicate a clear message to the stakeholder that it does not matter how many metrics you have as long as you can fully report the progress
B. You should agree, as having more metrics is better
C. You should disagree and escalate this to the governance board
D. You should agree as having more metrics is better and because you do not want to say no to a key stakeholder

Answer: A

NEW QUESTION # 133
As the Director of Human Resources, you were pleased to be asked to join the Portfolio Steering Committee in your organization as you feel you can contribute given the scarce subject matter experts as your company begins to enter a new market in children's toys rather than its main focus on video games and apps. Children's toys will represent a new portfolio in the company. However, while you will concentrate primarily on the resource allocation issue as you work to determine the types of projects and programs to pursue, it is important as well to recognize that:

A. The existing portfolio's prioritization criteria will definitely require changes
B. The budgets allocated for day-to-day activities may be impacted
C. The benefits from existing programs under way may not be realized
D. External procurements may be needed to acquire the SMEs

Answer: B

NEW QUESTION # 134
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