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PMI PfMP Exam (page: 1)
PMI Portfolio Management Professional
Updated on: 12-Aug-2025

Viewing Page 1 of 100
PfMP PDF 494 Questions

While planning for risk management, multiple investment choice tools are used as part of the quantitative and qualitative analyzes; which of the following tools determines the effect of changing one or more factors?

  1. Trade-Off Analysis
  2. Market Payoff variability
  3. Budget Variability
  4. Performance variability

Answer(s): A



You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. The portfolio roadmap is an important document used throughout the portfolio life cycle; when it comes to developing the portfolio communication management plan, which of the following options is correct

  1. The portfolio roadmap helps with the understanding of the structure of the portfolio and interdependencies among the portfolio components
  2. The portfolio roadmap is necessary for this process because it summarizes strategic objectives, evolving aspects of the strategy by organizational areas, portfolio milestones, dependencies, challenges, and risks
  3. The portfolio roadmap provides a high-level timeline for expected portfolio component delivery
  4. The portfolio roadmap provides the high-level strategic approach in a chronological fashion for portfolio management execution

Answer(s): A



Your company changed its executives due to the lack of benefits realization and previous corruption issues. The new management has informed you that as of now, this will not change any process in the portfolio and everything will remain the same. However, only the risk tolerance for the organization will be impacted, what will you do as a portfolio manager?

  1. Perform stakeholders analysis once again and change the organization risk tolerance in the portfolio communication management plan
  2. Update the Strategic Plan
  3. Assess the impact of the change along with the new management
  4. Revise the roadmap to change the timeline due to the new risk profile

Answer(s): B



Following a major organizational restructuring, new portfolios are currently being initiated. You have been assigned the position of portfolio manager on one of the major portfolios and are currently in strategic management. You are currently performing cost-benefit analysis. What is part of this analysis?

  1. Qualifies estimated costs and benefits and lists quantitative considerations of alternative portfolio components
  2. Quantifies estimated costs and benefits and lists qualitative considerations of alternative portfolio components
  3. Quantitative considerations of alternative portfolio components
  4. Qualifying estimated costs and benefits

Answer(s): B



Working to monitor the portfolio especially in terms of its value to the organization, you had each component manager prepare monthly variance reports. Of the components ranked in the top 10, six of them realized they would not require some of their initial funding and still would be completed as planned. This means:

  1. Three-point estimating should be used as funds are allocated
  2. Next year's budget can be adjusted
  3. Historical data would be useful on estimates versus actual costs
  4. The amount of contingency and management reserves can be decreased

Answer(s): B



Viewing Page 1 of 100



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