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PMI PfMP Exam With Confidence Using Practice Dumps

Exam Code:
PfMP
Exam Name:
Portfolio Management Professional (PfMP)
Vendor:
Questions:
495
Last Updated:
Dec 25, 2024
Exam Status:
Stable
PMI PfMP

PfMP: Portfolio Management Professional Exam 2024 Study Guide Pdf and Test Engine

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Portfolio Management Professional (PfMP) Questions and Answers

Question 1

You have been newly appointed as a portfolio manager and found out that your predecessor did not develop a Portfolio Risk Management plan as he thought that it is not necessary in the case where he has a risk register. One of your first activities was to develop the missing plan. To do this, you needed to consult with stakeholders in order to fetch risk information in order to identify risks and plan risk management. Which of the following inputs to this process will help you in identifying which stakeholders to analyze?

Options:

A.

Portfolio Process Assets

B.

Portfolio Communication Management Plan

C.

Portfolio Risk Management Plan

D.

Elicitation technique

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Question 2

Your company has a stated policy that all stakeholders are to be treated in an ethical manner. It is one of the largest project management training firms in the world and is a Registered Educational Provider with the Project Management Institute as well as with other associations. It is active in portfolio management to ensure it is offering the most beneficial products and services, both leading edge and traditional, to its customers. Its policy toward its stakeholders is:

Options:

A.

Documented in the stakeholder expectations plan

B.

Considered as a legitimate right

C.

Part of the portfolio communications strategy

D.

A portfolio governance process

Question 3

You want to ensure that the Portfolio Review Board is able to make key decisions at each meeting. As the portfolio manager, you and your staff are responsible for scheduling the meetings, providing the agenda, taking minutes, tracking open issues, and documenting and communicating decisions that are made to key stakeholders. Before each meeting, you feel it is a best practice to:

Options:

A.

Evaluate if the benefits of the portfolio are aligned with organizational strategy

B.

Provide information about the status of each component of the portfolio

C.

Use a balanced scorecard approach to show contribution to strategy

D.

Provide a 'traffic light' approach to show components by category