PMI Portfolio Management Professional (PfMP) : PfMP

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PMI PfMP Exam Syllabus Topics:

Reference: https://www.pmi.org/certifications/portfolio-management-pfmp

PMI Portfolio Management Professional (PfMP) Sample Questions:

Question #1
Capability and capacity analysis are useful tools in portfolio performance management. In using this type of analysis a best practice is to:

A. Evaluate knowledge, skills, and competencies
B. Use it once portfolio resources are included in the portfolio performance management plan
C. Evaluate resource optimization
D. Employ a resource management process

Question #2
Over the years, your organization has grown significantly as it has entered new markets while maintaining its presence in its traditional product line of security systems. The company now has eight different business units rather than three, which was the case only two years ago, and it set up funding originally such that it was only allocated to one business unit and could not be transferred to others. At the recently held Portfolio Oversight Committee meeting, five business units did not add components, but some were completed. The other three added a number of programs and projects, which were authorized. Now funding for these new components is an issue. This means:

A. Changes are required as to how funds are allocated
B. Another Committee meeting is required to focus on the funding problem
C. The three business units need to evaluate their portfolios and recommend termination of some components to the Committee
D. The sponsors of the newly authorized components need to work with their business units to determine how funds will be allocated

Question #3
Your organization has a defined portfolio management process that it has followed for three years. As the portfolio manager, you keep your various plans up to date, and because of numerous regulatory changes involving the telecom industry, it is time to review and update the risk management plan. You have several key stakeholders working with you as you realize the importance of this plan in maintaining a competitive advantage. One way you and your team are assessing the various risks that may impact the structure of the portfolio is to use:

A. Risk metrics
B. Weighted ranking and scoring techniques
C. Portfolio reports
D. Portfolio component charts

Question #4
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. Which of the following methods are helpful to you?

A. Elicitation techniques, Value Scoring & Measurement Analysis, Benefits Realization Analysis
B. Elicitation techniques, Capability & Capacity Analysis, PMIS
C. Elicitation techniques, Communication Requirements Analysis, Stakeholder analysis
D. Scenario Analysis, Capability & Capacity Analysis, Quantitative & Qualitative Analysis

Question #5
Risk Management is integrated in all the other processes and process groups and is an integral recurrent activity throughout the portfolio life cycle. Which of the following is considered the most effective method for analyzing the effect of risks on portfolio strategic objectives, and determining whether they have high or low effect

A. Monte Carlo Analysis
B. Risk vs. Return charts
C. Tornado Diagram
D. Burn Down/Up charts

Solutions: