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PfMP Exam Dumps - Portfolio Management Professional (PfMP)

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Question # 25

Along your portfolio lifecycle, you have been conducting multiple review meetings to ensure continuation from one phase to another and to ensure the alignment and value delivery, in addition to communicating decisions and valuable information to the related stakeholders. When it comes to decisions and actions taken by the governance board as a result of these meetings, they are communicated through

A.

Portfolio Reports

B.

Portfolio Updates

C.

Portfolio Management Plan Updates

D.

Portfolio Process Assets Updates

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Question # 26

Your sponsor is under a lot of pressure from the management because the portfolio has been hit by multiple risks already and the situation is going towards its termination. Your sponsor asked you to prepare him an analysis to show the probable ROI and the confidence level in it. Which approach is the best one in this case?

A.

Scenario Analysis

B.

Monte Carlo Analysis

C.

SWOT Analysis

D.

What-if Analysis

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Question # 27

The Portfolio Charter is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Charter purpose and focus?

A.

Forecasts how and when the portfolio will deliver value to the organization

B.

Corresponds to the means to the “to-be” vision

C.

High-level prioritization mapping of the portfolio

D.

Can be used to influence the portfolio’s success

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Question # 28

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.

Ensure such allocations are reflected in the portfolio's strategic plan

B.

Meet with the CFO and determine these allocations when the budget for the fiscal year is being prepared

C.

Meet with the managers of the five portfolios once the budget allocations are known

D.

Use your existing inventory of components in the portfolio and in the pipeline to determine funding allocations

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Question # 29

As you grow older, you gain more experience and things that once seemed hard to assimilate, can become very easy. One junior member of your portfolio management team is confused on the relationship between the Optimize, Authorize and Provide Oversight processes. What could your advice to him be?

A.

The provide portfolio oversight process may trigger the other two processes as part of the review meetings

B.

The three processes are not related and are in different focus areas

C.

The Optimize portfolio comes first, then authorize portfolio and finally Provide Portfolio oversight

D.

The Optimize portfolio process is used to balance the portfolio so that the authorize portfolio and Provide Portfolio Oversight processes can start

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Question # 30

A portfolio manager needs to continuously balance the need and requirements with the available resources and needs to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to optimizing portfolio, what is the purpose of using this analysis?

A.

To study the capability of resources, match them against the portfolio’s objectives and goals, and translate the capability into what capacity is possible to meet the portfolio demands

B.

Performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components

C.

To understand how much work is able to be performed based on the resources available (capacity), as well as the ability of the organization to source and execute the selected portfolio

D.

It enables the organization to achieve maximum portfolio benefits given current resource constraints

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Question # 31

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

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Question # 32

As you work to determine which of four possible components to optimize the portfolio, assume you are using the internal rate of return as the key crite rion to make your recommendation. Only one new component can be added based on financial constraints. Each of the four potential components has benefits that support the strategic plan. Based on the following data, you recommend:

A.

Project A

B.

Program A

C.

Program B

D.

Project B

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