Exam Details

  • Exam Code
    :PFMP
  • Exam Name
    :Portfolio Management Professional
  • Certification
    :Portfolio Management Professional
  • Vendor
    :PMI
  • Total Questions
    :495 Q&As
  • Last Updated
    :May 07, 2024

PMI Portfolio Management Professional PFMP Questions & Answers

  • Question 31:

    A number of components proposals are on the table as a result of the strategic planning cycle. While defining the portfolio, you wanted to use a method to help you compare portfolio components that address similar needs. Which of the following techniques you use?

    A. Portfolio Component Inventory

    B. Prioritization

    C. Categorization technique

    D. Weighted ranking and scoring

  • Question 32:

    Assume you are working to ensure your organization has a balanced portfolio. You have decided to use a

    bubble diagram and have set it up to show the components in terms of:

    ease of execution [difficult or easy] and component importance [high or low]. In such an approach, bubbles

    are used to:

    A. Visualize components

    B. Frame the balancing problem

    C. Provide scores as outputs

    D. Focus on existing components

  • Question 33:

    As part of the new strategic direction, the executive management has decided to create a portfolio for the development of a new product. You have been assigned as the portfolio manager. What should you do as a first step?

    A. Update the Strategic Plan

    B. Update existing portfolio

    C. Develop the Strategic Plan

    D. Check existing portfolios, programs and projects

  • Question 34:

    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 risks is key to success, and you are coaching your team on the same. While planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes. Which of the following tools determines the effects of portfolio velocity?

    A. Budget Variability

    B. Market Payoff variability

    C. Time-To-Market Variability

    D. Trade-Off Analysis

  • Question 35:

    Organizations pass by a strategic planning cycle on regular basis in order to align existing strategies, remove strategies and add new ones. When it comes to the implementation, which of the following options represents the activities through which the organizational strategies are implemented?

    A. Portfolio Components

    B. Portfolio Strategic Management

    C. Portfolio Components and Ongoing Operations

    D. Ongoing Operations

  • Question 36:

    As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Communication Calendar is one of the prepared documents, what does it include?

    A. Intended recipients, communication vehicles, frequency and communication areas

    B. Stakeholders roles, interests, expectations and groups

    C. Stakeholders quadrants showing the level of interest and influence

    D. Representation of all of the communication for the portfolio and their frequency over a period of time

  • Question 37:

    You have been newly appointed as a portfolio manager and found out that your predecessor did not develop a Portfolio Risk Management plan as he thought that it is not necessary in the case where he has a risk register. One of your first activities was to develop the missing plan. To do this, you needed to consult with stakeholders in order to fetch risk information in order to identify risks and plan risk management. Which of the following inputs to this process will help you in identifying which stakeholders to analyze?

    A. Portfolio Process Assets

    B. Portfolio Communication Management Plan

    C. Portfolio Risk Management Plan

    D. Elicitation technique

  • Question 38:

    While performing the manage supply and demand process, one of your sub-portfolio managers came to you asking advice on how to analyze intangible assets such as resources knowledge or skills based on the metrics defined. What should be your advice to him?

    A. You should tell him to use the qualitative metrics defined in the performance management plan in order to measure the intangible aspects. He can then use the number of full-time equivalents in order to quantify them when possible

    B. You should tell him to ignore the intangible aspects as they are not as important as tangible ones which will help in decision making

    C. You should advice him to use quantitative analysis in order to quantify the intangible aspects and be able to measure them

    D. You should tell him that metrics are only defined to measure tangible aspects; intangible measurements should be based on assumptions

  • Question 39:

    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 performance 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 performance management plan. What is the expected result from developing this plan?

    A. Portfolio Management Plan updates, Portfolio updates, Portfolio Reports, Enterprise Environmental Factors updates

    B. Portfolio Management Plan updates, Portfolio Process Assets updates

    C. Portfolio Management Plan updates, Organizational Process Assets updates, Portfolio Process Assets updates, Portfolio updates

    D. Portfolio Management Plan updates, Organizational Process Assets updates, Portfolio Reports, Enterprise Environmental Factors updates

  • Question 40:

    In a portfolio, data is an abundant asset, and managing the information aiming for a a better decision making is critical. For this you use a variety of Quantitative and Qualitative analysis methods. These methods are performed in 4 of the portfolio management processes and serve a slightly different purpose in each and every one of them. When it comes to the optimizing portfolio, what is the purpose of using this analysis?

    A. Performing Status and trend analysis, Rebalancing methods, Investment choice tools, exposure charts

    B. Performing resource leveling, project sequencing techniques and dependency analysis

    C. Performing Quantitative analysis and Sensitivity analysis

    D. Performing Cost-benefit analysis, quantitative analysis, scenario analysis, probability analysis, SWOT analysis, Market/competitor analysis and business value analysis

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