Online Access Free PfMP Exam Questions

Having worked in portfolio management for several years, assume you were hired as the portfolio manager for a Real Estate Investment Trust, one of the largest in your country that specializes in apartments. The company continues to grow and wants to maximize value and profits for its investors. As you set up processes and procedures for portfolio management, you know from past experience that buy in from executives is insufficient. As you prepare a communications strategy, you focus on:

• A.Satisfying important information needs of stakeholders
• B.Using focus groups to assist in determining information needs
• C.Focusing first on the executive team's communications requirements and then involving others
• D.Surveying stakeholders through a questionnaire to determine information requirements

Portfolio Reports are widely used as inputs and outputs to multiple processes throughout the Portfolio Life Cycle. Which of the following is NOT part of portfolio reports?

• A.None of the options
• B.Feedback report to organizational strategy planning
• C.Updates in resources, risks/issues, value/benefits, performance, and financials
• D.Governance Recommendations

Assume your consulting company tried portfolio management in the past, but it was not embraced. Instead, people received bonuses if they were able to acquire new work regardless if it fit the company's strategic plan. However, the company was sold, and the new executive team asked you to be the portfolio manager. You explained it did not work in the past, but the new team has pointed

• A.As chieve the greatest return on investment to the organizationBb. aximize productivity and increase overall customer satisfaction
• B.Deliver the maximum value aligned with strategic objectives
• C.Focus on those opportunities that have the greatest likelihood of successful completion
• D.out while a lot of work was won competitively, much of it was for small dollar amounts, and resources are misallocated. The new approach is to focus on business value, which has as its goal to:

You want to know the procurement procedure for your portfolio components. Which document should you read?

• A.Portfolio Roadmap
• B.Portfolio Charter
• C.Portfolio Management Plan
• D.Portfolio Strategic Plan

As part of the process of developing portfolio governance standards, which governance management processes should be included?

• A.Develop Portfolio Management Plan, Define Portfolio, Define Prioritization Criteria, Authorize the Portfolio, and Provide Oversight
• B.Develop Portfolio Management Plan, Define Portfolio, Optimize the Portfolio, Authorize the Portfolio, and Develop the Portfolio Risk Management Plan
• C.Develop Portfolio Management Plan, Reviewing Alignment to Strategy, Optimize the Portfolio, Authorize the Portfolio, and Provide Oversight
• D.Develop Portfolio Management Plan, Define Portfolio, Optimize the Portfolio, Authorize the Portfolio, and Provide Oversight