PMI PfMP Certification Exam Questions with AI Explanations

QUESTION: 96

A big strategic change occurred at the organization level and has impacted multiple portfolios in the organization including yours. The CEO has asked you to prepare a presentation to depict the impact of this change on portfolio resources. Which of the following should you present in this case?

Communication matrix and communication calendar
Resource Histograms
Benefits Realization
Efficient Frontier

Answer(s): B

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QUESTION: 97

Assume you work in new product development, and you believe you have identified a component that will be a breakthrough for the company. However, you performed a capacity analysis with the help of your EPMO to assess resource availability especially in certain skill sets. You learned that key computer scientists required by this component were in short supply, yet you still believe this component should be in the portfolio. To convince the Portfolio Review Board to consider it, you decide to use:

Resource smoothing
Business value analysis
Market analysis
Options analysis

Answer(s): A

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QUESTION: 98

You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you have developed a robust Portfolio management plan. What do you expect as output of this development?

Portfolio Management Plan, Portfolio Roadmap update, Portfolio Charter update, Enterprise Environmental Factors update
Portfolio Management Plan, Portfolio Reports update
Portfolio Strategic Plan update, Portfolio Process Assets updates, Portfolio Management Plan
Portfolio update, Portfolio Roadmap update, Portfolio Management Plan

Answer(s): C

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QUESTION: 99

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the below helps in optimizing the supply and demand?

Minimize both the unused capacity and the unmet demands
Maximize both the unused capacity and the unmet demands
Maximize the unused capacity and minimize the unmet demands
Minimize the unused capacity and maximize the unmet demands

Answer(s): B

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QUESTION: 100

Assume your pork producing company finds that there is an over-abundance of pork products and competitors in the marketplace even though it has had to implement Hazard Analysis and Critical Control Point (HACCP) processes that are a regulatory requirement. Profits are lower than ever before in the history of the company. Management is changing the company's strategy to also focus on seafood products. You have been asked to complete a gap analysis to:

Determine resource capacity
Assess risks with this change
Compare the current portfolio mix with that with this change
Determine any requirements that must be addressed before the change is implemented

Answer(s): C

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QUESTION: 96

QUESTION: 97

QUESTION: 98

QUESTION: 99

QUESTION: 100