Pmi dumpskey helping Hand Questions For Pfmp by Arley q198 vce pdf

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

Question 28

As a portfolio manager and as part of your governance role, you use multiple tools and techniques to monitor and control the portfolio and maintain oversight. Which of the following can be used as tools and techniques in your role in oversight?

Options:

Review meetings, Elicitation techniques, Integration Management

Review meetings, Elicitation techniques

Review meetings, Elicitation techniques, Scenario Analysis

Review meetings, Elicitation techniques, PMIS

Discussion

Question 29

Your State Governor is fiscally conservative and has limited significantly the financial resources to be provided to each University in the eight Universities in the State's system. Recognizing your University is going to have a 55% reduction in its budget, your Chancellor is re-evaluating all the work that is under way to see how much it can do with fewer resources. Every department will have layoffs at all levels. However, the University does have a portfolio management process in place, which people support. This means for effective portfolio management:

Options:

Each portfolio in the University should have the same restrictions in terms of available funding

An effective resource assignment process is required

Pareto analysis should be used to focus attention on those components with the greatest impact

Portfolio maturity should be a factor in determining plans and decisions

Discussion

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Question 30

Assume you are a member of your company's Portfolio Review Board. Your Board meets quarterly to determine which new components to undertake and selects them even if it means the portfolio then will require rebalancing. As you consider the proposed business case for a component and assess the suggestions of the other Board members, a key factor is:

Options:

The depth of the proposal in terms of identification of key benefits

Total available resources

Overall stakeholder interest

Component feasibility studies

Discussion

Question 31

It is critical in portfolio management to focus on 'doing the right work'. This means stakeholder expectations and effective management of these expectations are essential. The primary conduit between the component managers and the other portfolio stakeholders is the:

Options:

Program or project sponsor

Portfolio manager

Chairperson of the Portfolio Review Board

Secretary of the Portfolio Review Board

Discussion

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