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PMI PfMP Exam Overview:

Certification Vendor:Project Management Institute (PMI)
Exam Name:Portfolio Management Professional (PfMP)®
Exam Number:PfMP
Related Certifications:PMI-ACP® (Agile Certified Practitioner)
PgMP® (Program Management Professional)
PMP® (Project Management Professional)
Exam Price:Member: $800 USD; Non-member: $1,000 USD
Exam Duration:240 minutes
Exam Format:Multiple Choice
Available Languages:English
Real Exam Qty:170 (150 scored + 20 pretest)
Sample Questions:PMI PfMP Sample Questions
Exam Way:Computer-Based Testing at Pearson VUE or selected testing centers
Pre Condition:Applicants must meet experience requirements including 8+ years professional business experience and portfolio management experience based on PMI eligibility sets (varies by education level).
Official Syllabus URL:https://www.pmi.org/certifications/portfolio-management-pfmp

PMI PfMP Exam Syllabus Topics:

TopicDetails
Topic 1
  • Monitor the portfolio performance on an ongoing basis
  • Recommend portfolio scenario(s) and related components
Topic 2
  • Define and establish a governance model including the structure
  • Determine the impact to portfolio and portfolio components
Topic 3
  • Maintain records by capturing portfolio artifacts, such as approvals, prioritizations
  • Update and refine existing portfolio road maps
Topic 4
  • Manage and escalate issues by communicating recommended actions to appropriate decision makers
  • Identify prioritization criteria
Topic 5
  • Measure the aggregated portfolio performance results against the defined business or strategic goals
  • Determine acceptable level of risk for the portfolio
Topic 6
  • Balance portfolio and prioritize portfolio components, using established criteria
  • Develop the portfolio risk management plan, using governance risk guidelines, processes
Topic 7
  • Analyze and optimize the consolidated allocation
  • reallocation of capacity
  • Manage portfolio changes using change management techniques
Topic 8
  • Determine portfolio management standards, protocols, rules, and best practices
  • Collect and consolidate key performance metric data

Reference: https://www.pmi.org/certifications/portfolio-management-pfmp

PMI Portfolio Management Professional (PfMP) Sample Questions:

Question #1

One of the major resources on your portfolio is needed by two of the components at the same time. This resource has high technical knowledge and is aware of all the business needs. Which of the following tools and techniques can you use in order to solve this issue?

  • A. Scenario Analysis
  • B. Sequencing Techniques
  • C. Interdependency Analysis
  • D. Capability and Capacity Analysis
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

An input to the process to optimize the portfolio is:

  • A. the portfolio charter.
  • B. quantitative and qualitative analysis.
  • C. capability and capacity analysis.
  • D. portfolio process assets.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Assume you are managing the corporate portfolio for your company noted for many products primarily focused on farm equipment. Recently it has diversified into other markets especially with the economic downturn in the country. While many of the traditional products are in the portfolio as new features are added to enhance customer satisfaction, one of the new product lines is a high- profile program that is ranked number five in the corporate portfolio. As the portfolio manager, you know this program has several interdependencies with other projects and programs, and recently this high-ranked program has experienced difficulties as needed technology is not available externally, and internal staff lacks the needed competencies to develop it. Its termination will be discussed at Friday's Portfolio Board meeting. You plan to discuss these interdependencies as part of your responsibilities in:

  • A. Financial management
  • B. Portfolio balancing
  • C. Resource allocation
  • D. Risk management
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

What should a portfolio manager use to make effective decisions regarding performance metrics?

  • A. Portfolio performance indicator system
  • B. Portfolio governance model process
  • C. Portfolio lessons learned database
  • D. Portfolio management information system (PMIS)
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups.
you know that managing communication is key to success and you stress on maintaining a high communication level. You want to start developing your Communication Management Plan and are planning to use

  • A. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Portfolio Reports
  • B. Portfolio Process Assets, Portfolio Charter, Portfolio Reports, Portfolio Management Plan, Portfolio Component Reports
  • C. Portfolio Process Assets, Portfolio Charter, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
  • D. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Viewing questions 1-5 out of 767 questions.

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PMI PfMP Exam Overview:

Certification Vendor:Project Management Institute (PMI)
Exam Name:Portfolio Management Professional (PfMP)®
Exam Number:PfMP
Related Certifications:PMI-ACP® (Agile Certified Practitioner)
PgMP® (Program Management Professional)
PMP® (Project Management Professional)
Exam Price:Member: $800 USD; Non-member: $1,000 USD
Exam Duration:240 minutes
Exam Format:Multiple Choice
Available Languages:English
Real Exam Qty:170 (150 scored + 20 pretest)
Sample Questions:PMI PfMP Sample Questions
Exam Way:Computer-Based Testing at Pearson VUE or selected testing centers
Pre Condition:Applicants must meet experience requirements including 8+ years professional business experience and portfolio management experience based on PMI eligibility sets (varies by education level).
Official Syllabus URL:https://www.pmi.org/certifications/portfolio-management-pfmp

PMI PfMP Exam Syllabus Topics:

TopicDetails
Topic 1
  • Monitor the portfolio performance on an ongoing basis
  • Recommend portfolio scenario(s) and related components
Topic 2
  • Define and establish a governance model including the structure
  • Determine the impact to portfolio and portfolio components
Topic 3
  • Maintain records by capturing portfolio artifacts, such as approvals, prioritizations
  • Update and refine existing portfolio road maps
Topic 4
  • Manage and escalate issues by communicating recommended actions to appropriate decision makers
  • Identify prioritization criteria
Topic 5
  • Measure the aggregated portfolio performance results against the defined business or strategic goals
  • Determine acceptable level of risk for the portfolio
Topic 6
  • Balance portfolio and prioritize portfolio components, using established criteria
  • Develop the portfolio risk management plan, using governance risk guidelines, processes
Topic 7
  • Analyze and optimize the consolidated allocation
  • reallocation of capacity
  • Manage portfolio changes using change management techniques
Topic 8
  • Determine portfolio management standards, protocols, rules, and best practices
  • Collect and consolidate key performance metric data

Reference: https://www.pmi.org/certifications/portfolio-management-pfmp

PMI Portfolio Management Professional (PfMP) Sample Questions:

Question #1

One of the major resources on your portfolio is needed by two of the components at the same time. This resource has high technical knowledge and is aware of all the business needs. Which of the following tools and techniques can you use in order to solve this issue?

  • A. Scenario Analysis
  • B. Sequencing Techniques
  • C. Interdependency Analysis
  • D. Capability and Capacity Analysis
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

An input to the process to optimize the portfolio is:

  • A. the portfolio charter.
  • B. quantitative and qualitative analysis.
  • C. capability and capacity analysis.
  • D. portfolio process assets.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Assume you are managing the corporate portfolio for your company noted for many products primarily focused on farm equipment. Recently it has diversified into other markets especially with the economic downturn in the country. While many of the traditional products are in the portfolio as new features are added to enhance customer satisfaction, one of the new product lines is a high- profile program that is ranked number five in the corporate portfolio. As the portfolio manager, you know this program has several interdependencies with other projects and programs, and recently this high-ranked program has experienced difficulties as needed technology is not available externally, and internal staff lacks the needed competencies to develop it. Its termination will be discussed at Friday's Portfolio Board meeting. You plan to discuss these interdependencies as part of your responsibilities in:

  • A. Financial management
  • B. Portfolio balancing
  • C. Resource allocation
  • D. Risk management
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

What should a portfolio manager use to make effective decisions regarding performance metrics?

  • A. Portfolio performance indicator system
  • B. Portfolio governance model process
  • C. Portfolio lessons learned database
  • D. Portfolio management information system (PMIS)
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups.
you know that managing communication is key to success and you stress on maintaining a high communication level. You want to start developing your Communication Management Plan and are planning to use

  • A. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Portfolio Reports
  • B. Portfolio Process Assets, Portfolio Charter, Portfolio Reports, Portfolio Management Plan, Portfolio Component Reports
  • C. Portfolio Process Assets, Portfolio Charter, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
  • D. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Viewing page 1 out of 154 pages.
Viewing questions 1-5 out of 767 questions.

1%

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