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PMI PfMP Exam With Confidence Using Practice Dumps

Exam Code:
PfMP
Exam Name:
Portfolio Management Professional (PfMP)
Vendor:
Questions:
495
Last Updated:
Jun 16, 2025
Exam Status:
Stable
PMI PfMP

PfMP: Portfolio Management Professional Exam 2025 Study Guide Pdf and Test Engine

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Portfolio Management Professional (PfMP) Questions and Answers

Question 1

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. Risk is part of project, program and portfolio management and has a different exposure in each and every one. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following may be the responsibility of a risk owner when it comes to managing risks?

Options:

A.

Select primary and alternative strategies

B.

Make decisions to choose the most appropriate response strategy or mix of strategies and develop specific actions to implement those decisions

C.

All of the options

D.

Develop contingency plans and identify the conditions which trigger their execution

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Question 2

For years, your aerospace company has been a leader in the development of sophisticated avionic hardware systems around the world. The executives want to continue with this well-recognized product line, but also they decided it is time to move into state-of-the art software to complement the hardware products. You have been asked to assess whether there are skill set limitations in the company to assess resource capacity internally. To do so, you decide to:

Options:

A.

Focus on needed competencies and develop competency profiles for the internal staff

B.

Interview staff members based on performance evaluations to determine their interest in the new product line

C.

Work with Human Resources and review the education backgrounds of internal staff and see if people have taken recent training

D.

Set up a contingency plan by asking the Procurement Department to issue a Request for Information to external consulting firms

Question 3

Portfolios tend to have over or under allocations if the portfolio management is of low maturity. Which tool will help you analyze the resources over and under allocations?

Options:

A.

Communication Management Plan

B.

Resource Histograms

C.

Performance Management Plan

D.

Resource Pool