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PfMP Exam Dumps - Portfolio Management Professional (PfMP)

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Question # 9

Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. Which of the following are common risk concerns across the organization?

A.

Reporting and data accuracy

B.

Organizational Integrity

C.

Time, cost and scope commitments

D.

Issues with Product development

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Question # 10

Consider you have the following efficient frontier graph with multiple portfolios on it. Which portfolio do you choose?

Larger image

A.

Portfolio D

B.

Portfolio B

C.

Portfolio C

D.

Portfolio A

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Question # 11

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?

A.

Portfolio Governance Board

B.

Portfolio Sponsor

C.

You can take such decisions

D.

Executive Management

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Question # 12

Stakeholders have complained to you that they are receiving redundant information and they prefer that you fix the issue promptly as it is time consuming for them. What is your best course of action?

A.

Explain to the stakeholders why it is important that they keep receiving this information

B.

Re-assess and re-write the Communication Management Plan after analyzing the stakeholders again

C.

Escalate the issue to the governance board and ask them to take a decision regarding it

D.

Update the communication matrix and remove them from it

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Question # 13

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

A.

Stakeholders quadrants showing the level of interest and influence

B.

Stakeholders roles, interests, expectations and groups

C.

Intended recipients, communication vehicles, frequency and communication areas

D.

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

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Question # 14

Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. You are currently assessing risk against multiple criteria and classifying them as part of developing the risk management plan. Which of the below reflects what you are doing?

A.

Quantitative and Qualitative analysis

B.

Graphical Analytical methods

C.

Categorizing Risks

D.

Weighted Ranking and Scoring Techniques

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Question # 15

Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, change to reflect the new stakeholders and their expectations?

A.

Communication Management Plan

B.

Portfolio Roadmap

C.

Portfolio Strategic Plan

D.

Portfolio Management Plan

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Question # 16

Assume you are the portfolio manager for your HVAC (Heating, Ventilating, and Air Conditioning) company, one of the largest in the world. Preparing for a meeting with the Portfolio Governance Committee, you have been reviewing the success of components that have been completed as well as the progress of current portfolio components. In many cases people who only purchased heating units in the northern part of the country, and people who purchased only air conditioners in the south, now are buying state-of the art products to easily switch as needed. You found the risks of climate change led to the need for these new energy efficient products and did so by:

A.

Sensitivity analysis

B.

Ranking and scoring techniques

C.

Investment choices

D.

Trend analysis

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