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PfMP Questions Bank

Page: 7 / 19
Total 495 questions

Portfolio Management Professional (PfMP) Questions and Answers

Question 25

You are the portfolio manager for a large county that comprises much of a major city in your country. The city also has a portfolio manager, and often you meet to discuss proposed initiatives to see if there are any dependencies. In your county, you established an approach to evaluate portfolio components to make judgments regarding their alignment and priority. In doing so, which of the following was especially helpful:

Options:

A.

Portfolio strategic plan

B.

Portfolio management plan

C.

Portfolio roadmap

D.

Portfolio charter

Question 26

You have been newly appointed as a portfolio manager and found out that your predecessor did not develop a Portfolio Risk Management plan as he thought that it is not necessary in the case where he has a risk register. One of your first activities was to develop the missing plan. To do this, you needed to consult with stakeholders in order to fetch risk information in order to identify risks and plan risk management. Which of the following inputs to this process will help you in identifying which stakeholders to analyze?

Options:

A.

Portfolio Process Assets

B.

Portfolio Communication Management Plan

C.

Portfolio Risk Management Plan

D.

Elicitation technique

Question 27

The portfolio is undergoing and your are now in the monitoring and controlling phase. Two of your team members are arguing about what to use in order to determine decisions to be made with regards to the portfolio and its components. What should be your advice to them?

Options:

A.

They should use the elicitation techniques to get as much data as possible on the progress in order to be able to take decisions

B.

They should conduct review meetings on formal and scheduled basis

C.

They should conduct review meetings on scheduled and informal basis

D.

They should conduct review meetings on need basis

Question 28

While performing the manage supply and demand process, one of your sub-portfolio managers came to you asking advice on how to analyze intangible assets such as resources knowledge or skills based on the metrics defined. What should be your advice to him?

Options:

A.

You should tell him to use the qualitative metrics defined in the performance management plan in order to measure the intangible aspects. He can then use the number of full-time equivalents in order to quantify them when possible

B.

You should tell him to ignore the intangible aspects as they are not as important as tangible ones which will help in decision making

C.

You should advice him to use quantitative analysis in order to quantify the intangible aspects and be able to measure them

D.

You should tell him that metrics are only defined to measure tangible aspects; intangible measurements should be based on assumptions

Page: 7 / 19
Total 495 questions