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PMI PfMP Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Governance25%
Topic 2: Portfolio Performance25%
Topic 3: Strategic Alignment25%
Topic 4: Portfolio Risk Management25%

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PMI Portfolio Management Professional (PfMP) Sample Questions (Q734-Q739):

NEW QUESTION # 734
What can you tell about the following portfolio status, having CPI weight = 80% and SPI weight = 20% Larger image

Answer: D


NEW QUESTION # 735
Working to prepare the portfolio performance management plan, assume you have been involving others in the process to help secure their later support of the plan. You also reviewed historical information and other artifacts. Not to be overlooked is a/an:

Answer: D


NEW QUESTION # 736
A portfolio manager is working for an organization that has only loosely defined its goals and objectives. After interviewing several members of top management, the portfolio manager has a better sense of the organization's priorities.
In order to show how the portfolio components align with the perceived organizational priorities, the portfolio manager should create a portfolio:

Answer: B


NEW QUESTION # 737
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. You have just finalized the development of the risk management plan. What do you normally expect to find in a Portfolio Risk Management Plan?

Answer: D

Explanation:
Explanation
Communication policies/constraints are part of the portfolio communication management plan; Governance model is part of the portfolio management plan; Organizational risk tolerance is part of the portfolio strategic plan. The portfolio Risk Management Plan includes: Methodology: Defines the approaches, tools, and data sources that may be used to perform risk management on the portfolio. Roles and responsibilities: Defines the owners, lead, support, and team members for each type of activity in the risk management plan, and clarifies their responsibilities. Risk measures: Defines the risk categories and criteria for probability and impact, the structure of probability and impact matrix, and the stakeholders' risk tolerances and appetite for risk.
Frequency: Defines when and how often the risk management process will be performed throughout the portfolio cycle, establishes protocols for governance requirements, and establishes risk management activities to be included in the portfolio management plan. Risk categories: Provides a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. An organization can use a previously prepared categorization framework which may take the form of a simple list of categories


NEW QUESTION # 738
Risk management is an integral part of project, program and portfolio management and is invoked throughout the project, program and portfolio life cycle. Which of the following highlights the difference between portfolio risk and program or project risks?

Answer: A

Explanation:
Explanation
Portfolio risk management differs from project and program risk management in that, in the right circumstances at the portfolio level, the organization may choose to actively embrace appropriate risks in anticipation of high rewards. An example of this would be investing in new, unproven technology with a view of being "first in the market" in anticipation of highly profitable sales


NEW QUESTION # 739
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