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Reference: https://www.pmi.org/certifications/portfolio-management-pfmp
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PMI Portfolio Management Professional (PfMP) Sample Questions:
You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the below helps in optimizing the supply and demand?
- A. Maximize both the unused capacity and the unmet demands
- B. Minimize both the unused capacity and the unmet demands
- C. Minimize the unused capacity and maximize the unmet demands
- D. Maximize the unused capacity and minimize the unmet demands
Correct Answer: A 🗳️
Your company's water treatment center serves three cities. Tests are conducted each day to see if the water is safe to drink. On Thursday, E coli were found in the water, but the water authority did not notify the citizens in the three cities. Instead, the citizens learned on Friday, the water was now safe to drink. The citizens are in an uproar, and your company is to blame. It is obvious one of the problems is the aging infrastructure and limited resources. To best optimize the portfolio, your CEO asked you to:
- A. First determine why citizens were not aware of the problem
- B. Analyze the testing methods in use for effectiveness
- C. Reallocate financial and other resources to new components to avoid this problem in the future
- D. Analyze the physical needs
Correct Answer: D 🗳️
A portfolio manager is developing an initial list of portfolio components that need to be proposed to the governance board for approval of prioritization. An output of the process that the portfolio manager is currently performing is the portfolio:
- A. strategic plan.
- B. roadmap.
- C. inventory of work.
- D. charter.
Correct Answer: A 🗳️
A newly appointed portfolio manager is developing the risk management plan and performs an interdependency analysis. One of the objectives of an interdependency analysis is to:
- A. determine the relationships between the resources, cost, and schedule.
- B. analyze the risks within a portfolio to lower the portfolio risk profile.
- C. identify and monitor risks within or across the portfolio.
- D. identify the internal and external risks for deliverables.
Correct Answer: A 🗳️
Due to recent organizational restructuring, a portfolio manager decides to reduce the level of portfolio communications to a specific stakeholder. Which of the following is justification for this action?
- A. Change in component dependencies
- B. Change in portfolio confidentiality requirements
- C. Change in level of influence
- D. Change in strategic objectives
Correct Answer: B 🗳️
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