Online Access Free PMI.PfMP.v2021-09-21.q158 Practice Test (Page 13)

PfMP Exam Question 56

A junior Portfolio manager has come to you for advice. He is hearing a lot about the definition of portfolio management, however, he is not sure anymore of the exact one. What do you, as an experienced portfolio manager tell him?

A.A portfolio has clear start and end dates in order for the organization to be able to know when to achieve its strategic objectives

B.In a portfolio, the Portfolio manager follows the portfolio management processes linearly and does not need to repeat a process once finished

C.Generally, you have a single portfolio in an organization, and all other portfolios are sub-portfolios of it

D.A portfolio is a component collection of programs, projects, or operations managed as a group to achieve strategic objectives

PfMP Exam Question 57

Following an organizational change and restructuring. One of the Portfolio Key Stakeholders got a promotion and became a director. She became less interested in your portfolio and you used to engage her very closely.
What is your best course of action in this case?

A.Move her to the third quadrant (high influence, low interest)

B.Escalate the issue to the steering committee in order to solve the issue from a management perspective

C.This is a normal scenario in a given portfolio; you should continue work as normal

D.Meet with the stakeholder and analyze her requirements again

PfMP Exam Question 58

You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups. you know that managing communication is key to success and you stress on maintaining a high communication level. You have just finalized the development of the Portfolio Communication Management Plan. Which of the following is correct regarding its purpose and focus?

A.Identifies recipients for information associated with the portfolio management process

B.Articulates the options, preferences, and factors that will be considered in a specific portfolio

C.Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components

D.Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio

PfMP Exam Question 59

Consider you have the following efficient frontier graph with multiple portfolios on it. Which portfolio do you choose?
Larger image

A.Portfolio A

B.Portfolio B

C.Portfolio D

D.Portfolio C

PfMP Exam Question 60

In your architectural organization, each program or project requires some specialized subject matter experts at certain time frames. Because of the interdependencies between components, often these SMEs are needed at the same time. Assume since this is a critical issue in the company, it invested in resource planning and allocating software, and dashboards can be prepared. The goal is to use these dashboard reports to:

A.Assess specific costs for additional budget

B.Ensure everyone has access to the software for ease of communication

C.Determine whether to use external consultants

D.Assist in scheduling adjustments

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PfMP Exam Question 56

PfMP Exam Question 57

PfMP Exam Question 58

PfMP Exam Question 59

PfMP Exam Question 60

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