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The Portfolio Management Professional (PfMP) certification is a globally recognized credential offered by the Project Management Institute (PMI) that validates an individual's expertise in portfolio management. The PfMP Certification Exam is designed to test a candidate's ability to manage complex portfolios that align with an organization's objectives and strategies. By earning this certification, professionals can demonstrate their knowledge and skill in managing portfolios, which can open up new career opportunities and enhance their credibility in the industry. PMI Portfolio Management Professional (PfMP) Sample Questions (Q91-Q96):NEW QUESTION # 91
You are managing a portfolio in a functional organization and resources are shared between operations and projects. You are continuously performing capability and capacity analysis in order to optimize the portfolio.
Which of the following capability and capacity analysis is used to just limit the number of components the organization can execute?
A. Human Resources
B. Assets
C. Financial
D. Knowledge Basis
Answer: A
Explanation:
Explanation
The human resource capability and capacity will be limiting factors for the number of portfolio components the organization can execute
NEW QUESTION # 92
You are currently in the process of defining a portfolio by forming the qualified list of components that will be later evaluated, selected and prioritized. What do you expect as outputs from this process?
A. Portfolio Strategic Plan updates, Portfolio Roadmap updates, Portfolio updates
B. Portfolio Management Plan updates, Portfolio Roadmap updates, Portfolio updates, Portfolio Strategic Plan updates
C. Portfolio Management Plan updates, Portfolio Roadmap updates, Portfolio updates
D. Portfolio Strategic Plan update, Portfolio Management Plan updates
Answer: C
Explanation:
Explanation
The answer to this question is Portfolio Management Plan updates, Portfolio Roadmap updates, Portfolio updates
NEW QUESTION # 93
In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top down when it comes to offering guidelines and approaches and becomes bottom up when the components report status and progress to the portfolio. Metrics are used for measuring the performance. They need to be meaningful in order to be able to provide clear and logical targets, and in order to be able to be measured.
Which guideline is used in order to develop meaningful measures?
A. Specific, Meaningful, Achievable, Reachable, Timed
B. Specific, Meaningful, Accurate, Reachable, Timed
C. Specific, Measurable, Attainable, Realistic, Time bound
D. Strong, Meaningful, Accurate, Reachable, Timed
Answer: C
NEW QUESTION # 94
In defining the portfolio charter, the portfolio manager notices that two goals are incompatible and both goals align to the organizational strategy. Which action should the portfolio manager take?
A. Document the inconsistency and consult with management regarding suggested updates to the strategic plan.
B. Evaluate the consideration of the problem in the planning and execution of the portfolio management plan.
C. Develop a portfolio roadmap that separates the timing of the components required to meet these two goals.
D. Determine which goal to meet first based on strategic priorities and obtain the steering committee's approval.
Answer: D
NEW QUESTION # 95
Due to a strategic change, multiple components on your portfolio have been terminated, leaving you with limited remaining funds coming from the terminated components. What should be your best course of action?
A. Since the funds are limited, you can leave them with you and use them as equity protection for low probability and high impact risks
B. Re-activate one of the terminated components because you have additional budget
C. Since the remaining budget is limited, the portfolio manager can directly assign it to ongoing components that need a little push
D. Return the funds to the organization
Answer: D
Explanation:
Explanation
The remaining budget should be returned to the organization in order to be used in the organization's wider context
NEW QUESTION # 96
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