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PMI PfMP Exam Syllabus Topics:

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

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q666-Q671):

NEW QUESTION # 666
You are in the toughest phase of the portfolio life cycle due to the governmental issues in your country.
Yesterday night, one of the key team members quit and left the country. You have included this in the portfolio risk register while planning the portfolio because you knew that this could happen and that this key resource has family in Canada and can leave if the situation gets bad. Following this, you activated the response plan, which is to initiate a new component that will cater for reaching the deliverable in another way.
However, an immediate approval is needed for initiation of this component or the end-of-month major deliverable will be delayed. To whom you should present the proposal for urgent approval?

Answer: C

Explanation:
Explanation
This is an emergency, and scheduling a meeting with all the governance board members is usually a difficult thing to do on a short notice because the board contains executive members that are usually on a tight schedule.
In this case, you can recommend the initiation to the shorter group in the governance board through an expedited request, and inform the sponsor accordingly, however the shorter group here is not one of the options.
The sponsor can give his approval directly. Later, you will be communicating the change and the reason behind it to all related stakeholders.


NEW QUESTION # 667
A junior Portfolio manager has come to you for advice. He is hearing a lot about the focus of portfolio management practices, however, he is not sure anymore of the exact answer. What do you, as an experienced portfolio manager tell him?

Answer: C

Explanation:
Explanation
Program is undertaken to achieve benefits. Project is undertaken to produce deliverables. Operational work is undertaken to handle operational daily activities. Portfolio is undertaken to achieve one or more organizational strategies and objectives


NEW QUESTION # 668
A portfolio manager compares strategic objectives, prioritizes objectives, and performs strategic assessments against current enterprise portfolios. Which kind of tools and techniques is he using?

Answer: B


NEW QUESTION # 669
Your sponsor is under a lot of pressure from the management because the portfolio has been hit by multiple risks already and the situation is going towards its termination. Your sponsor asked you to prepare him an analysis to show the probable ROI and the confidence level in it. Which approach is the best one in this case?

Answer: C


NEW QUESTION # 670
A senior executive stakeholder complains to the governance board that the executive's chief of staff is not kept informed of the status of the overall portfolio. The governance board passes this information to the portfolio manager, whose next step should be to:

Answer: D


NEW QUESTION # 671
......

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