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PMI PfMP Exam (page: 14)
PMI Portfolio Management Professional
Updated on: 15-Feb-2026

Viewing Page 14 of 100
PfMP PDF 494 Questions

Assume you are co-owner of a small consulting firm. Previously, you worked as a managing partner in one of the larger consulting firms in your country that had a defined portfolio management process to determine key opportunities to pursue to focus not solely on proposal win ratio but to aggressively emphasize capture ratio. Now in your new company in terms of portfolio management, the best practice to follow is to:

  1. Work with your business partner in terms of portfolio management
  2. Have your Board of Directors serve as a Portfolio Review Board
  3. Involve your business partner plus the firm's subject matter experts in portfolio decisions
  4. Set up an independent group of advisors to meet quarterly as a Portfolio Review Board

Answer(s): A



You have been recently assigned to a critical portfolio in your company and wanted to start right away and decided to begin with aligning the strategic management of the portfolio to the organizational strategy and objectives. For this you will use

  1. Prioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis
  2. Strategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory
  3. Scenario Analysis, Capability & Capacity Analysis
  4. Gap Analysis, Readiness Assessment, Stakeholder Analysis

Answer(s): B



By setting up portfolio categories and using a pair-wise comparison approach to rank components, as the portfolio manager, you feel that you are finally setting up and getting people to follow standard portfolio practices. Since portfolio management still is relatively new, progress is under way. As some components are added, and others are not continued, you are making sure if a component is terminated that it does not have dependencies with others in the portfolio. You need to then:

  1. Revise the ranking model
  2. Inform all stakeholders
  3. Update the roadmap
  4. Upgrade to a more detailed scoring model that includes dependencies with components

Answer(s): C



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. As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Communication matrix is one of the prepared documents, what does it include?

  1. Stakeholders roles, interests, expectations and groups
  2. Stakeholders quadrants showing the level of interest and influence
  3. Representation of all of the communication for the portfolio and their frequency over a period of time
  4. Intended recipients, communication vehicles, frequency and communication areas

Answer(s): D



As a portfolio manager, you have been reporting the progress, status and performance regularly and you have been doing a good job so far. Reports are the primary documents to communicate portfolio status and be able to balance the mix of portfolio components to best align with objectives. When it comes to optimizing a portfolio, how can risk reports be used?

  1. To be able to analyze occurred risks and cancel any component who has an increased risk
  2. To be able to define the organization risk tolerance and update the Strategic Plan accordingly
  3. To know about major risks and occurred issues in relation with the portfolio components
  4. To assess achieved value and the confidence level in it

Answer(s): C



Viewing Page 14 of 100



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