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PfMP Exam Dumps - Portfolio Management Professional (PfMP)

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Question # 17

You are currently defining a hierarchical representation of your portfolio and its components and listing the major and milestone components, including dependencies internal and external to the portfolio with business units. For this you know that you will need multiple inputs. Which of the following are considered inputs in your case?

A.

Portfolio, Portfolio Strategic Plan, Portfolio Process Assets

B.

Portfolio, Portfolio Charter, Portfolio Strategic Plan

C.

Portfolio, Portfolio Charter, Portfolio Management Plan

D.

Portfolio, Portfolio Strategic Plan, Portfolio Management Plan

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Question # 18

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You have just finalized managing the strategic change and you are expected to present the following documents:

A.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update

B.

Portfolio Strategic Plan update, Portfolio Management Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update

C.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Organizational Process Assets update

D.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Organizational Process Assets update, Portfolio Management Plan update

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Question # 19

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

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Question # 20

Risk is inherent in all activities and managing risk is critical to a successful portfolio. Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. When it comes to Portfolio management, which of the following is a risk concern?

A.

Issues with Product development

B.

Time, cost and scope commitments

C.

Reporting and data accuracy

D.

Time to market

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Question # 21

Which of the options is considered part of Enterprise Environmental Factors (EEFs)

A.

High turnover

B.

Fluctuating market rates of raw material

C.

Organizational Changes, Risk Management

D.

Bankruptcy, Project Demand

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Question # 22

Which of the following is NOT considered as a criteria for prioritization?

A.

Interdependency

B.

Number of Human Resources Required

C.

Legalities

D.

Strategic Alignment

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Question # 23

The portfolio management information system (PMIS) is often a collection of spreadsheets rather than automated tools. An effective PMIS enables the portfolio manager to define, analyze, design, produce, and manage systems to support a successful portfolio. Which of the following is a trait of a PMIS?

A.

Recording Stakeholder opinion

B.

Archiving legal data

C.

All of the options

D.

Learning hub

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Question # 24

Chartering a portfolio is a major step in getting the needed authorizations to execute the portfolio. Your are currently developing the charter and considering the following inputs

A.

Portfolio Strategic Plan, Enterprise Environmental Factors, Portfolio Process Assets

B.

Portfolio Strategic Plan, Enterprise Environmental Factors, Portfolio Process Assets, Portfolio

C.

Portfolio Strategic Plan, Enterprise Environmental Factors, Portfolio Process Assets, Portfolio Management Plan

D.

Portfolio Strategic Plan, Enterprise Environmental Factors, Portfolio Process Assets, Portfolio Roadmap

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