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PMI Updated PfMP Exam Questions and Answers by safaa

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PMI PfMP Exam Overview :

Exam Name: Portfolio Management Professional (PfMP)
Exam Code: PfMP Dumps
Vendor: PMI Certification: Portfolio Management Professional
Questions: 495 Q&A's Shared By: safaa
Question 52

Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is incorporated in all process groups as well. As a portfolio manager, how do you map the risk management elements to process groups?

Options:

A.

Risk Planning (Defining) - Risk Assessment & Response (Aligning)

B.

Risk Assessment (Defining) - Risk Planning (Aligning) - Risk Response (Authorizing & Controlling)

C.

Risk Planning (Defining) - Risk Assessment (Aligning) - Risk Response (Authorizing & Controlling)

D.

Risk Planning (Defining) - Risk Assessment (Planning) - Risk Response (Authorizing & Controlling)

Discussion
Question 53

Companies adopt project, program and portfolio management practices to enable the realization of business value and the achievement of strategies and objectives. In order to advance the organizational capability and facilitate the alignment of these practices, the company should (choose the best answer)

Options:

A.

Strengthen the organizational enablers such as cultural, technological and human resource practices

B.

Perform a detailed strategic planning

C.

Establish a PMO to support those practices

D.

Strengthen the processes and procedures of project, program and portfolio management

Discussion
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Question 54

The portfolio management process ensures the components are aligned to goals. However, it is driven by:

Options:

A.

Viability

B.

Value and benefits

C.

Organizational strategy and objectives

D.

Interdependencies and resource constraints

Discussion
Question 55

Along the course of the portfolio, you will be recommending the initiation, termination and update of components. The governance bodies will be approving or rejecting your recommendations as part of their role in the authorization of the portfolio. As a portfolio manager, which of the following, in your opinion, is the objective/purpose of the Authorize Portfolio Process?

Options:

A.

Make Governance Decisions

B.

Allocating resources to develop component proposals or execute portfolio components

C.

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

D.

Balance the portfolio for performance and value delivery

Discussion
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