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

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Viewing questions 141-150 out of questions
Questions # 141:

While defining the portfolio, a portfolio manager does a preliminary comparison of all inventoried portfolio components against the portfolio component definition. For this, the descriptors of each portfolio component are used in order to compare it to other components. Which of the following is not a component key descriptors?

Options:

A.

Component Customer


B.

Urgency


C.

Resources Required


D.

Component Number


Expert Solution
Questions # 142:

One of the stakeholders of one of your components came to you complaining that his manager is not receiving specific information on multiple components progress. What is your best course of action?

Options:

A.

Raise the issue to the governance board as you have already analyzed this manager


B.

Send the manager the needed information asked by the stakeholder


C.

Meet the manager and understand what information is required


D.

Add the manager to the weekly reports distribution list where there is a lot of information on the components


Expert Solution
Questions # 143:

Working as a portfolio manager in the Water Resources Department of the U.S. Geological Survey, you are following a scorecard approach to report progress to your executives on the components in your portfolio. You submit the scorecards monthly, and based on their results, your executives decide if a Portfolio Review Board meeting should be held. Your emphasis in these reports is to:

Options:

A.

Chart progress toward strategic goals and objectives


B.

Measure performance against targets and thresholds


C.

Display raw data in a visual graph


D.

Display data using a traffic light approach


Expert Solution
Questions # 144:

Efficiency is highly regarded when managing a portfolio and spans all activities i.e. risk management, communication management, etc. A portfolio is considered efficient if it

Options:

A.

lies above the curve


B.

Minimizes risks to the maximum


C.

lies below the curve


D.

Has the best possible expected level of return for its level of risk


Expert Solution
Questions # 145:

Optimizing the portfolio is a major recurring process that the portfolio manager performs throughout the portfolio life cycle in order to balance the mix of portfolio components. During this process, the portfolio manager uses a number of graphical analytical methods to help him ease the process. Which of the following is not a graphical analytical method used in this process?

Options:

A.

Pie Charts


B.

None of the options


C.

Risk vs. Return charts


D.

Histograms


Expert Solution
Questions # 146:

As you are the portfolio manager for your state government agency, which is undergoing a series of budget cuts, you are focusing attention on managing risks to the portfolio as the budget is reduced. You realize in this process the time and budget for risk management also will be reduced; these data are in the:

Options:

A.

Portfolio performance plan


B.

Portfolio strategic plan


C.

Portfolio management plan


D.

Portfolio financial plan


Expert Solution
Questions # 147:

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

Options:

A.

Forecasts how and when the portfolio will deliver value to the organization


B.

Corresponds to the means to the “to-be” vision


C.

High-level prioritization mapping of the portfolio


D.

Can be used to influence the portfolio’s success


Expert Solution
Questions # 148:

Portfolio balancing can be done in several different dimensions based on organizational preferences. When your software development company, which is CMMI Level 5 certified, began to focus on portfolio management four years ago, you started with a simplified ranking approach and now moved into using an automated, sophisticated weighted scoring software tool throughout the organization. In terms of portfolio balancing, it is appropriate to:

Options:

A.

Balance the portfolio across the organization


B.

Balance the portfolio according to categories


C.

Balance the portfolio by business unit


D.

Balance the portfolio in terms of expected value of benefits


Expert Solution
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