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PfMP Exam Dumps - Portfolio Management Professional (PfMP)

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Question # 41

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 portfolio new vision?

A.

Portfolio Strategic Plan

B.

Portfolio Management Plan

C.

Communication Management Plan

D.

Portfolio Roadmap

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Question # 42

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?

A.

Communication policies/constraints

B.

Organizational risk tolerance

C.

Governance Model

D.

Roles and Responsibilities for risk management

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Question # 43

The portfolio strategic plan should contain a prioritization model or approach that guides the ongoing decisions as to which portfolio components should be added, terminated, or changed, as well as prioritizes and balances the component mix over time. A simple prioritization model may be provided which contains

A.

All of the options

B.

ROI

C.

Criteria to ensure alignment to strategic goals

D.

Investment risks

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Question # 44

Working to ensure the portfolio management process is one that is followed and is embraced has been a major challenge. As the portfolio manager, assume you set up meetings with the Portfolio Governance Group bi-weekly since there is constant change in your telecom company. You also want the portfolio process to be transparent. To do so, a useful tool to communicate status is:

A.

Reports on funding decisions

B.

A governance decision register

C.

The portfolio roadmap

D.

Key portfolio milestones

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Question # 45

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 are developing a robust performance management plan. What can you use to help you start developing this plan?

A.

Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio

B.

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

C.

Portfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors

D.

Portfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise Environmental Factors

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Question # 46

You have been asked to be the manager for a governmental portfolio, and your starting point should be tendering a strategic plan to the board for validation and approval for continuation. Which documents/artifacts do you have debuting the portfolio that you can use to develop the strategic plan?

A.

Prioritization analysis, portfolio process assets, portfolio roadmap

B.

EEF’s, portfolio component inventory, organizational process assets

C.

Organizational strategy and objectives, inventory of work, portfolio process assets

D.

Portfolio charter, portfolio roadmap, organizational strategy and objectives

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Question # 47

You are managing a big portfolio and have a lot of stakeholders, whether external or internal. You know that stakeholder engagement is crucial to the success of the portfolio and realize that in order to have proper stakeholders engagement you will need to

A.

Update your communication management plan

B.

Develop a well-structured RACI matrix

C.

Engage regularly with key stakeholders through formal and informal communication means

D.

Meet regularly with all stakeholders

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Question # 48

The audit department has found out that two of the departments have conflicting standards and have asked you to analyze and compare them in order to be able to take a decision which could impact the portfolio alignment. Which analysis will you use to compare conflicting standards in different departments

A.

Capacity Analysis

B.

Force Field Analysis

C.

Qualitative Analysis

D.

Quantitative Analysis

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