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PMI PfMP - Portfolio Management Professional (PfMP)

Page: 15 / 15
Total 495 questions

Working to best optimize resource supply and demand in your telecom company, authorized components are prioritized to help in resource allocation. This means as you work to do so, you need to review the portfolio because:

A.

It provides guidance in terms of recommendations if there are changes in strategy and resource availability

B.

Resource requirements are balanced according to the resource pool

C.

Components are not authorized unless resources are available to support them

D.

Sponsors assess resource requirements and their availability before proposing a component to be in the portfolio

Assume you work for a technology company that is publically owned, and the value of its stock is tracked daily by the CFO and is reported to the portfolio manager. Quarterly meetings are held with stockholders as the company went public through an Initial public offering (IPO) last year. These stockholders:

A.

Have different communications requirements than other stakeholders

B.

Typically receive information as to the portfolio health before each meeting

C.

Want to attend all Portfolio Review Board meetings

D.

Are considered external stakeholders

Ideally, the organization practices a policy of open communications on risks and encourages people to point any out at all levels, even if the risk does not affect one's own work and especially if it affects the portfolio. Different people, though, have different perspectives of the various portfolio risks based on their position in the organization. Assume a risk has been identified concerning the organization's operating model. This risk was identified by:

A.

A functional manager

B.

A PMO Director

C.

An executive

D.

The portfolio manager

Processes in the portfolio management layer interact with each others. For example, Manage Portfolio Information interacts with Provide Portfolio Oversight in order to store decisions made during the portfolio review meetings. Where are these decisions stored?

A.

Portfolio Management Plan

B.

Portfolio

C.

Portfolio Reports

D.

Portfolio Process Assets

Assume you have been asked to prepare the portfolio management plan as you are on the staff of your company's Chief Portfolio Officer. In this plan, you will describe the different methods or approaches that your company will use to manage different types of components in the portfolio as specified in the:

A.

Strategic plan

B.

Governance model

C.

Roadmap

D.

Charter

A junior Portfolio manager has come to you for advice. He is hearing a lot about the definition of portfolio management, however, he is not sure anymore of the exact one. What do you, as an experienced portfolio manager tell him?

A.

In a portfolio, the Portfolio manager follows the portfolio management processes linearly and does not need to repeat a process once finished

B.

Generally, you have a single portfolio in an organization, and all other portfolios are sub-portfolios of it

C.

A portfolio is a component collection of programs, projects, or operations managed as a group to achieve strategic objectives

D.

A portfolio has clear start and end dates in order for the organization to be able to know when to achieve its strategic objectives

You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you have developed a robust Portfolio management plan. What do you expect as output of this development?

A.

Portfolio Management Plan, Portfolio Roadmap update, Portfolio Charter update, Enterprise Environmental Factors update

B.

Portfolio Management Plan, Portfolio Reports update

C.

Portfolio Strategic Plan update, Portfolio Process Assets updates, Portfolio Management Plan

D.

Portfolio update, Portfolio Roadmap update, Portfolio Management Plan

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. What can you use to help you in this context?

A.

Roadmap, Portfolio Management Plan, Portfolio Reports

B.

Roadmap, Portfolio Management Plan, Portfolio Reports, Portfolio Process Assets, Portfolio Strategic Plan

C.

Roadmap, Portfolio Management Plan, Portfolio Reports, Portfolio Process Assets

D.

Roadmap, Portfolio Management Plan, Portfolio Reports, Portfolio Process Assets, Portfolio Component Reports