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Pass PfMP Exam Guide

Page: 13 / 19
Total 495 questions

Portfolio Management Professional (PfMP) Questions and Answers

Question 49

Managing value is key to success as portfolio are undertaken to ultimately deliver an outcome that is strategically aligned and which delivers value to the organization. While managing value, the portfolio manager invokes the Benefits Realization Analysis activity. Which of the following is part of this activity?

Options:

A.

Assessing Changes, dependencies and impacts

B.

Indicating Resource bottlenecks and over or under allocations

C.

Allowing the portfolio’s governing bodies to evaluate the expected net benefits of a given portfolio or portfolios to prioritize portfolio efforts

D.

All of the options

Question 50

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risks is key to success, and you are coaching your team on the same. While planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes. Which of the following tools determines the effects of portfolio velocity?

Options:

A.

Budget Variability

B.

Market Payoff variability

C.

Time-To-Market Variability

D.

Trade-Off Analysis

Question 51

Portfolio Governance Model is developed as part of the Portfolio management plan and defines the way the organizational assets and resources are planned to be managed within the portfolio according to the specific environment of the organization. Which of the following is correct regarding the Governance Model purpose and content?

Options:

A.

Establishes and tailors the decision-making rights and authorities

B.

Ensures benefits are comprehensively and holistically taken into consideration

C.

Contains criteria to ensure alignment to strategic goals, expected return on investment (ROI), investment risks, and dependencies

D.

All of the options

Question 52

As part of the portfolio management plan, you have the "Manage Strategic Change" and the "Change Control and Management". This is causing issues to one of your team's junior portfolio managers as she cannot understand the difference. In your opinion, what is the difference between both?

Options:

A.

There is no difference; they both refer to the same document

B.

"Manage Strategic Change" enables managing changes to strategic direction; and the "Change Control and Management" defines the process for change management activities during portfolio execution

C.

"Manage Strategic Change" is the detailed process of "Change Control and Management"

D.

"Change Control and Management" manages changes to strategic direction; and the "Manage Strategic Change" defines the process for change management activities during portfolio execution

Page: 13 / 19
Total 495 questions