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Portfolio Management Professional PfMP PMI Study Notes

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Total 495 questions

Portfolio Management Professional (PfMP) Questions and Answers

Question 57

A major strategic change has occurred and you are managing the change at portfolio level. You are currently performing gap analysis and you receive information on a stakeholder that is extremely unhappy with how the change will be handled in your portfolio. What should be your best course of action?

Options:

A.

Perform prioritization analysis in order to position the change with relations to other changes

B.

Check the Communication Strategy matrix and ignore the stakeholder if he lies in the lower quadrants

C.

Escalate the issue to steering committee before any further damage happens

D.

Perform Stakeholder Analysis

Question 58

Assume your telecom company is time constrained and needs to be first to market with new smart phones with features that are different from those of the competition and also have the traditional features desired by your existing customers. The Portfolio Review Board meets weekly to assess performance and to consider new components. Lack of technical resources is a recurring issue. To make the case for acquiring new resources, you decided to assess capability and capacity. This approach is:

Options:

A.

Part of the PMIS

B.

Included in finite capacity planning and reporting

C.

Used to prepare a detailed forecast of ongoing and future capability needs

D.

Used to identify resource capacity and capability

Question 59

Assume your airline just merged with a competitor, making it the largest in the country. Your company has a defined portfolio management process in place, which is considered effective by your executives. The other airline uses a more informal approach. Executives from both airlines now have different philosophies concerning new work to be pursued to be the leading airline in the country. In terms of the Authorize Portfolio process, this means:

Options:

A.

The complete portfolio process will require changes

B.

The portfolio requirements should be evaluated

C.

The portfolio management information systems will require consolidation

D.

An outsider should be hired as the portfolio manager for objectivity

Question 60

During one of the review meetings, the governance board asked to know the progress with relation to benefits of one of the major programs in your portfolio; in this case you will advise the program manager to present

Options:

A.

Program Benefits Report

B.

Program Business Case

C.

The status of his program to you and you will aggregate the information with information from other components and present it to the Governance board

D.

Program Management Plan

Page: 15 / 19
Total 495 questions