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 PfMP Dumps with Practice Exam Questions Answers

Questions: 495 questions

Last Update: Apr 11, 2024

PMI Certification Exam PfMP has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

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PfMP Questions and Answers

Question # 1

A new regulatory mandate has been imposed by the government which highly affected your portfolio. Multiple regulatory components are requested to be added to the portfolio in order to comply with new governmental bank regulations. Initiating these components requires permission from

A.

Portfolio Manager

B.

Portfolio Sponsor

C.

Portfolio Governance Board

D.

Portfolio Components' teams

Question # 2

Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently determining the volume of work required to do in order to re-align the portfolio. What are you currently using?

A.

Change Analysis

B.

Gap Analysis

C.

Readiness Assessment

D.

Stakeholder Analysis

Question # 3

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 risk 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 determine the effect of changing the portfolio?

A.

Budget Variability

B.

Market Payoff variability

C.

Performance variability

D.

Trade-Off Analysis

Question # 4

Assume you are the portfolio manager for your training company. It decided to implement portfolio management in a major way to ensure it remained competitive in the changing market and could offer a variety of methods to deliver courses rather than only in a face-to-face setting. The company set up a Portfolio Management Group, and you are responsible for providing information on portfolio status and then providing information to those interested stakeholders about the Board's decisions. You want to make sure the reports meet stakeholder requirements. After performing a detailed communications requirements analysis, you found it interesting that stakeholders wanted information about:

A.

Portfolio infrastructure costs

B.

Goal achievement

C.

Benefit realization

D.

Changes in the roadmap

Question # 5

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 risk is key to success and you are coaching your team on the same. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following is not a risk strategy?

A.

Scenario Analysis

B.

Fallback Plan

C.

Strategies for both threats and opportunities

D.

Response Strategy Selection