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| Section | Weight | Objectives |
|---|
| Topic 1: Governance | 25% | |
| Topic 2: Portfolio Risk Management | 25% | |
| Topic 3: Strategic Alignment | 25% | |
| Topic 4: Portfolio Performance | 25% | |
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PMI Portfolio Management Professional (PfMP) Sample Questions (Q460-Q465):
NEW QUESTION # 460
A portfolio manager is gathering data from one of the approved portfolio components and requests that senior stakeholders in governance roles analyze the risks and benefits associated with continuing the project. This analysis should occur at which type of meeting?
- A. Key stakeholder
- B. Risk review
- C. Change management
- D. Portfolio review
Answer: B
NEW QUESTION # 461
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the communication closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you have developed a robust Communication management plan. What is the result of developing this plan?
- A. Portfolio Process Assets updates, Portfolio Management Plan updates
- B. Portfolio Process Assets updates, Portfolio Charter updates, Portfolio Reports updates, Portfolio Management Plan updates, Portfolio Component Reports updates
- C. Portfolio Process Assets updates, Portfolio Roadmap updates, Portfolio updates, Portfolio Management Plan updates, Enterprise Environmental Factors updates
- D. Portfolio Process Assets updates, Portfolio Charter updates, Portfolio updates, Portfolio Management Plan updates, Enterprise Environmental Factors updates
Answer: A
NEW QUESTION # 462
Performance reporting is important in a program and usually, the portfolio manager aggregates performance information from the portfolio components in order to present the related reports. Which of the following measures can be used in performance reporting?
- A. CPI and SPI
- B. All the options
- C. Cost Sunk
- D. Earned Value
Answer: B
Explanation:
Explanation
Cost Sunk, Earned Value, and CPI and SPI are all used for performance reporting.
Sunk cost is the cost that has already been incurred, and there is no way to recover this cost; it is equal to Actual Cost to date
NEW QUESTION # 463
Your health insurance company has set up its portfolio into five different categories: research and development, IT, Medicare, government health insurance, and non-government health insurance.
Funding is allocated yearly to each of these six categories. As the portfolio manager at the enterprise level, you:
- A. Meet with the managers of the five portfolios once the budget allocations are known
- B. Meet with the CFO and determine these allocations when the budget for the fiscal year is being prepared
- C. Use your existing inventory of components in the portfolio and in the pipeline to determine funding allocations
- D. Ensure such allocations are reflected in the portfolio's strategic plan
Answer: D
NEW QUESTION # 464
ecause your company's Portfolio Review Board consists of the Directors of its five business units and is chaired by the CEO, the meetings tend to be contentious as there is limited funding available to authorize all the proposed programs and projects. Dissension also is the norm if resources are reallocated from one business unit to another. As a result, the CEO:
- A. Strives to use consensus to make decisions, but this approach rarely is effective
- B. Uses multi-voting and makes the final decision
- C. Decided to use an outside facilitator when meetings are held
- D. Often uses a Delphi approach
Answer: C
NEW QUESTION # 465
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