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PfMP Exam Dumps : Portfolio Management Professional (PfMP)

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Portfolio Management Professional (PfMP) Questions and Answers

Question 1

As part of developing the Communication Management Plan, a portfolio manager executes the Communication Requirements Analysis, in addition to Stakeholders Analysis. Which of the following options in your opinion is a result of the Stakeholders Analysis?

Options:

A.

All of the options

B.

Communication Matrix

C.

Communication Strategy matrix

D.

Elicitation technique

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Question 2

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 continuously report risks and issues to stakeholders. One of the key stakeholders is furious as he cannot find an issue that has occurred a week ago in the risk register. What should you do in this case?

Options:

A.

Inform the stakeholder that risk that have occurred are removed from the risk register and not used anywhere else

B.

Inform the stakeholder that issues are risks that have occurred and are tracked as part of the issue register

C.

Inform the stakeholder that you will directly fix this and include it in the risk register

D.

Inform the stakeholder that when positive risks occur they become realized opportunities and when negative risks occur they become realized threats

Question 3

As the portfolio manager you have worked to consider the complexities involved of the interdependencies in your programs, projects, and ongoing work. As your portfolio process has been implemented for three years, a key challenge is that senior executives tend to change priorities often even though programs and projects are being implemented. Often these programs and projects are cross-functional, and the result is your process is not coordinated. You recognize there is a need to change, and you met with the Chair of the Portfolio Review Board and have her support for a transparent approach for portfolio standards and prioritization. You should:

Options:

A.

Revise the balancing process

B.

Revise the portfolio management plan

C.

Revise the scoring model

D.

Set up a standard method to communicate change