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PMI PfMP Exam With Confidence Using Practice Dumps

Exam Code:
PfMP
Exam Name:
Portfolio Management Professional (PfMP)
Certification:
Portfolio Management Professional
Vendor:
PMI
Questions:
495
Last Updated:
Jan 21, 2025
Exam Status:
Stable
PMI PfMP

PfMP: Portfolio Management Professional Exam 2024 Study Guide Pdf and Test Engine

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Portfolio Management Professional (PfMP) Questions and Answers

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Question 1

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

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Question 2

While managing portfolio communications, the portfolio manager needs to account for the communication needs of the component teams in order for them to stay in the loop of the big picture. Which of the following can be of interest to this group of stakeholders?

Options:

A.

To know about the portfolio changes, risks and issues that may affect their components

B.

To be informed regularly of the portfolio progress so they can adjust their work accordingly

C.

To be informed of all portfolio changes so they can assess which changes affect their components

D.

To know about the portfolio changes, risks and issues that may affect their components, and to do interdependency management in order to cover any dependent component's issues

Question 3

In your diversified chicken products company, your portfolio of components in progress consists of approximately 175 programs, projects, and other work. Generally, at each Portfolio Review Board meeting, about 35 new proposals are reviewed to see if they should be part of the portfolio. As the portfolio manager, you have set up categories for these components. They are useful to facilitate portfolio optimization because:

Options:

A.

They use filtering to eliminate certain components from consideration

B.

They help identify the components that meet requirements for consideration

C.

They serve as key evaluation criteria

D.

They address organizational strategy and objectives

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