Free PfMP Exam Dumps

Question 86

During one of the management meetings, an opportunity was identified. This opportunity has a huge impact on the portfolio. What is your first action as a portfolio manager?

A. Document it in the benefits register
B. Update the portfolio management plan
C. Document it in the risk register
D. Update the portfolio roadmap

Correct Answer:C

Question 87

Assume you are working to ensure your organization has a balanced portfolio. You have decided to use a bubble diagram and have set it up to show the components in terms of: ease of execution [difficult or easy] and component importance [high or low]. In such an approach, bubbles are used to:

A. Visualize components
B. Frame the balancing problem
C. Provide scores as outputs
D. Focus on existing components

Correct Answer:A

Question 88

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

Correct Answer:C

Question 89

Many people in your country are no longer eating food from cans because of the risk of botulism and eColi O1H747. Your low acid canned foods company is seeing its revenues decrease as a result, and it is updating its overall strategy for the company to diversify into other markets as well as to add an aggressive marketing campaign to ensure the public that its low acid canned foods are generally recognized as safe by the Food and Drug Administration. This means in terms of portfolio management:

A. Each proposed component must demonstrate business value before it is undertaken
B. The ROI for existing components should be reviewed to determine if they should continue
C. The existing inventory of work should be validated against the updated strategy
D. The benefits to be realized by existing components require standard KPIs tied to critical success factors

Correct Answer:C

Question 90

Working to prepare the communications plan, a best practice to follow is to use the roadmap. By doing so, it:

A. Shows the overall portfolio timeline, useful for determining the frequency of reporting
B. Provides information about interdependencies that may affect objectives
C. Emphasizes milestones and the timing of key benefits
D. Shows applicable constraints

Correct Answer:B