Pass the PMI Portfolio Management Professional PfMP Questions and answers with CertsForce

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Viewing questions 101-110 out of questions
Questions # 101:

You have been assigned as the manager for a major transformation portfolio in your company. You are acquiring the position due to the failure of the previous manager and the strategic importance of the portfolio. You start by consulting the portfolio strategic plan. What do you expect finding in that plan?

Options:

A.

Allocation of funds and resources for different types of initiatives and how these contribute to the organization’s objectives


B.

Governance model


C.

Managing strategic changes


D.

Scope of the portfolio and the initial list of primary internal and external portfolio stakeholders


Expert Solution
Questions # 102:

As part of the Portfolio Communication, the Portfolio Manager analyzes the raw data assimilated from the portfolio process assets and from the stakeholder analysis. This analysis aims to isolate the data that hold value to the receiving audience. Which tool can the portfolio manager use to help him in performing this analysis?

Options:

A.

Communication Methods


B.

Elicitation


C.

Stakeholder Analysis


D.

Communication Requirements Analysis


Expert Solution
Questions # 103:

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 risks is key to success, and you are coaching your team on the same. While planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes. Which of the following tools determines the effects of portfolio velocity?

Options:

A.

Budget Variability


B.

Market Payoff variability


C.

Time-To-Market Variability


D.

Trade-Off Analysis


Expert Solution
Questions # 104:

In identifying risks to then manage and control, as the portfolio manager you are consulting organizational process assets such as:

Options:

A.

Commercial data bases


B.

Lessons learned


C.

Knowledge bases


D.

Values


Expert Solution
Questions # 105:

Assume after the acquisition of the natural gas transmission company by your company, a natural gas distribution company, was approved by the various regulatory agencies. You now are overseeing more components with this acquisition as the portfolio manager. While you had each of the components in your company set up in various categories, this approach had not been followed by the transmission company. You explained to its portfolio manager and staff such an approach enables:

Options:

A.

Common criteria for portfolio optimization


B.

A similar approach to track contribution to strategic goals


C.

A way to set up a common set of decision filters


D.

An alignment with the prioritization model


Expert Solution
Questions # 106:

As a portfolio manager you visit and re-do the Optimize Portfolio process continuously. Which of the following, in your opinion, is the objective/purpose of the Optimize Portfolio Process?

Options:

A.

Balance the portfolio for performance and value delivery


B.

Make Governance Decisions


C.

Create an up-to-date list of qualified portfolio component


D.

Allocating resources to develop component proposals or execute portfolio components


Expert Solution
Questions # 107:

Portfolios include a lot of work and as a portfolio manager you need to keep an eye on the value realization while maintaining the strategic alignment. You are currently aggregating value delivered by the portfolio components. Which of the following methods are helpful to you?

Options:

A.

Elicitation techniques, Capability & Capacity Analysis, PMIS


B.

Scenario Analysis, Capability & Capacity Analysis, Quantitative & Qualitative Analysis


C.

Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis


D.

Elicitation techniques, Value Scoring & Measurement Analysis, Benefits Realization Analysis


Expert Solution
Questions # 108:

A portfolio manager on one of the major sub-portfolios in your portfolio has tendered his resignation and gave you a 2 months notice. This unexpected change will require you to take immediate action with the governance board. Which of the following processes will be handling this situation?

Options:

A.

Manage Portfolio Risk


B.

Provide Portfolio Oversight


C.

Manage strategic change


D.

Manage Supply & Demand


Expert Solution
Questions # 109:

You are managing a portfolio linked to multiple business units and you set clear accountabilities from the beginning to avoid delays and to enhance the decision making process. Roles and Responsibilities are recorded in multiple portfolio documents. Where are the portfolio component managers roles and responsibilities stored?

Options:

A.

Specifically the Communication Management Plan


B.

Strategic Plan


C.

Portfolio Management Plan


D.

Portfolio Process Assets


Expert Solution
Questions # 110:

The Portfolio Performance Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Performance Management Plan purpose and focus?

Options:

A.

Identifies recipients for information associated with the portfolio management process


B.

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


C.

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


D.

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


Expert Solution
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