PFMP Exam Questions

A portfolio steering committee is meeting to review the prioritization of new components. The return on investment (ROI) has been completed for each component. Which action should...

Which type of analysis should the portfolio manager use to determine the roles and responsibilities in the portfolio components?

A new portfolio manager replaces a previous portfolio manager. The new portfolio manager decides to map the return on investment (ROI) of each project in the portfolio by evaluatin...

Two organizations merge and consolidate all key portfolios. As a result, a new strategic direction is communicated. What should the portfolio manager do next?

Which processes are part of governance management?

Upon approval of the portfolio, a substantial portion of an organization is questioning the purpose of the portfolio. The portfolio manager's response should be to:

A portfolio manager has received direction from the steering committee to review the organization's portfolio for a possible subportfolio for a new product line. The portfolio mana...

The role of the portfolio management governing body is to:

A portfolio charter may include a:

Using return on investment (ROI) in component comparison is most effective under which conditions?

If new projects must be added to a portfolio as a result of new industry regulations, the portfolio manager should seek approval from the:

The primary objective of portfolio risk management is to:

Some key stakeholders complain that components are not being initiated, even though it is believed that these components are critical to the organizational strategy. What should th...

Because of budget cutbacks, a portfolio manager has been forced to make extensive changes to the portfolio schedule and components. As part of this restructuring, the portfolio man...

One of the primary purposes for which an organization establishes a portfolio governance model is to:

Component portfolio management stage-gate reviews are intended for the steering committee to:

A new component that will deliver an enhanced product manufacturing system has been presented for addition to the portfolio. The system is expected to significantly reduce costs by...

The portfolio manager has created three portfolio scenarios which will be used to optimize resource allocations and scheduling. The initial output of this process will be updates t...

The portfolio risk register is developed and:

While developing the portfolio management plan, the item that is most helpful in determining dependencies between portfolio components is:

Once a new portfolio component has been initiated, the portfolio manager should first:

A newly assigned portfolio manager finds that there is no formal risk management process for the portfolio and that problems are not anticipated but are merely addressed when they...

Before a new portfolio component can commence, the portfolio manager should:

Which tools and techniques are best practice approaches to conduct a prioritization analysis?

If a portfolio manager is considering how to retain or improve the portfolio's revenue while decreasing cost, which technique would be most helpful in assessing the best possible l...

An organization establishes a new portfolio to initiate a new division. A new management team from a wide variety of competitors is hired. The portfolio manager reviews the potenti...

A portfolio is currently being executed for an organization that has decided to merge with another organization. Senior management requests that the portfolio be evaluated to deter...

Two examples of enterprise environmental factors are:

An organization's portfolio roadmap is developed, reviewed, and approved according to best practices. Well into the execution of the roadmap, the portfolio manager is informed by a...

The most effective screening criteria for new or existing components include:

An organization has just finished its yearly budget planning. As a result, five new projects have received funding and will become part of the project portfolio. Which steps need t...

A portfolio manager is optimizing the allocation of key experts to components and has prepared three scenarios of the assignment of these key resources. The portfolio manager has a...

A portfolio manager is currently in the defining phase of a portfolio that aligns to a new organizational strategy. The portfolio manager is beginning to develop the portfolio char...

An input to the process to optimize the portfolio is:

A portfolio manager has received phone calls from several concerned executives who have not been made aware of the portfolio, its objectives, or its progress. The portfolio manager...

What type of analysis should a portfolio manager use to determine the measures needed for organizational improvement and to increase the market value of portfolio components?

A portfolio manager is managing a portfolio as described in the following table: The CEO has requested that the portfolio manager calculate the health of the portfolio to achieve t...

Which of the following enables a portfolio management office (PMO) to measure the aggregate portfolio performance of each project?

The most suitable mechanism to communicate the status of major portfolio risks to stakeholders is:

A newly appointed portfolio manager is developing the risk management plan and performs an interdependency analysis. One of the objectives of an interdependency analysis is to:

A senior executive stakeholder complains to the governance board that the executive's chief of staff is not kept informed of the status of the overall portfolio. The governance boa...

In managing portfolio risks, which document is most useful to communicate a newly identified risk to stakeholders?

A portfolio manager is prioritizing a list of potential components and wants to ensure that the application of funding achieves maximum benefit. Which tool or technique should the...

A portfolio manager is developing a comprehensive portfolio management plan and is unsure which performance metrics need to be defined for the portfolio components. The portfolio c...

After receiving a regular resource utilization report, the portfolio manager has identified two portfolio components that are competing for the same key resource. The unavailabilit...

A key stakeholder who has high influence and very high interest in a portfolio has moved to another business unit with less interest in that portfolio. The portfolio manager should...

The portfolio management plan documents responses to significant changes in strategic direction, which includes reviewing and:

A portfolio manager is developing a comprehensive portfolio management plan and is unsure which performance metrics need to be defined for the portfolio components. Which action sh...

In determining whether a component is ready to begin work, a portfolio manager should review reports related to:

A key portfolio stakeholder asks a portfolio manager to provide funding for a new initiative. What should the portfolio manager do next?