Question 1

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. For this you start by developing the strategic plan. What output do you expect from this process?

Options :

A : Portfolio, Portfolio Strategic Plan

B : Portfolio, Portfolio Strategic Plan, Portfolio Reports

C : Portfolio, Portfolio Strategic Plan, Enterprise Environmental Factors updates

D : Portfolio Process Assets updates, Inventory Of Work, Portfolio, Portfolio Strategic Plan

Answer: A

Question 2

The existing portfolio manager was replaced by a new portfolio manager and the analysis has shown that the

distance between the pessimistic and best case scenario of the new portfolio manager is larger than the old one,

which kind of manager is the new one?

Options :

A : Optimistic

B : Pessimistic

C : Risk Averse

D : Risk Taker

Answer: D

Question 3

A portfolio manager needs to continuously balance the need and requirements with the available resources to

maintain a balanced portfolio and portfolio resources in order to optimize delivery, in addition to managing

communication, risk, etc. For this you develop a robust Portfolio Management Plan. Which of the below is not

a part of this plan?

Options :

A : Change Control and Management

B :

Portfolio Communication Management Plan

C : Portfolio Strategic Plan

D : Portfolio Performance Management Plan

Answer: C

Question 4

Some of your Stakeholders reported to you that they are not receiving status reports and other regular

information on the Portfolio progress. This has caused a big issue with the governance board and they

requested an immediate resolution. You have already analyzed the stakeholders and prepared the

communication matrix; what is your best course of action in this case?

Options :

A : Correctly configure the PMIS

B : Meet individually with each stakeholder and re-analyze their needs and expectations

C : Update the Communication Management Plan

D : Update the communication matrix

Answer: A

Question 5

Your portfolio is on a tight deliverables and is considered the major portfolio in your company. Stakeholders

are concerned about the purpose of defining a portfolio while already having an inventory of work and are

worried that this will cause a lot of time to be wasted. What is your advice to the stakeholders?

Options :

A : This process is required to optimize and balance the portfolio for performance and value delivery

B : This process is required to produce an organized portfolio for ongoing evaluation, selection, and prioritization

C : This process can be skipped because it will be re-done as part of the Optimize Portfolio process

D : They are right, the process can be skipped when an inventory of work is in place

Answer: B

Confidently Practice Online with Free PfMP Exam Cram

Buying Options: