Question 1

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

Options :

A : Shows the overall portfolio timeline, useful for determining the frequency of reporting

B : Provides information about interdependencies that may affect objectives

C : Provides information about interdependencies that may affect objectives Provides information about interdependencies that may affect objectives

D : Emphasizes milestones and the timing of key benefits

Answer: B

Question 2

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally

based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring

activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which

of the below helps in optimizing the supply and demand?

Options :

A : Minimize both the unused capacity and the unmet demands

B : Maximize both the unused capacity and the unmet demands

C : Maximize the unused capacity and minimize the unmet demands

D : Minimize the unused capacity and maximize the unmet demands

Answer: B

Question 3

You prepared a portfolio risk management plan when you replaced the previous portfolio manager three years

ago. However, recent structural and execution risks have affected the portfolio adversely, resulting in lost

opportunities and a decrease in overall return on investment. You are updating the risk management plan as

now stakeholders can see its value. In doing so, you can use some portfolio process assets such as:

Options :

A : Lessons learned

B : Portfolio algorithms

C :

Vision statements

D :

Risk categories

Answer: B

Question 4

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 5

Assume you are a member of your company's Portfolio Review Board. Your Board meets quarterly to determine which new components to undertake and selects them even if it means the portfolio then will require rebalancing. As you consider the proposed business case for a component and assess the suggestions of the other Board members, a key factor is:

Options :

A : The depth of the proposal in terms of identification of key benefits

B : Total available resources

C : Overall stakeholder interest

D : Component feasibility studies

Answer: B

Confidently Practice Online with Free PfMP Exam Cram

Buying Options: