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Portfolio Management Professional (PfMP)

Last Update Jun 15, 2025
Total Questions : 495

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Last Update Jun 15, 2025
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Portfolio Management Professional (PfMP) Questions and Answers

Questions 1

After the stakeholder analysis is complete, a best practice is to put stakeholders into a matrix to develop a communications management strategy. A simple but useful approach is to set it up to show:

Options:

A.

Level of authority and level of interest

B.

Level of authority and level of involvement

C.

Level of influence and level of impact

D.

Level of influence and level of interest

Questions 2

The PMO in your company is newly established and one of its first results was allowing the portfolios to use a new communication method to disseminate the information faster. With relation to your portfolio, where should this new communication be stored?

Options:

A.

Portfolio Reports

B.

Portfolio Process Assets updates

C.

Portfolio Management Plan updates

D.

PMO Management Plan

Questions 3

For years, your aerospace company has been a leader in the development of sophisticated avionic hardware systems around the world. The executives want to continue with this well-recognized product line, but also they decided it is time to move into state-of-the art software to complement the hardware products. You have been asked to assess whether there are skill set limitations in the company to assess resource capacity internally. To do so, you decide to:

Options:

A.

Focus on needed competencies and develop competency profiles for the internal staff

B.

Interview staff members based on performance evaluations to determine their interest in the new product line

C.

Work with Human Resources and review the education backgrounds of internal staff and see if people have taken recent training

D.

Set up a contingency plan by asking the Procurement Department to issue a Request for Information to external consulting firms