PMI PfMP Actual Free Exam Questions & Community Discussion

You're determining various possibilities of resource allocations and the impact on component schedules. You also notice what would happen if human, financial, or equipment funding was increased or decreased or if constrained resources were not available as scheduled. What process are you performing?

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 performance closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you are developing a robust performance management plan. What can you use to help you start developing this plan?

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?

While managing a program for the banking sector spanning multiple transformational areas. A new portfolio manager comes to you seeking advice on the usefulness of ROI. You tell her that ROI is the best method to measure returns of

One of your component managers came to you to tell you about a risk affecting his component that will badly impact the component and might affect the portfolio. After assessment, the risk turned out to be of low probability with high impact. What do you do as a portfolio manager?

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

Multiple changes have been recommended and approved in your portfolio and the need for continuous optimization seems to never end. This is normal in a portfolio and optimizing the components mix and the use of resources is key to success. As a portfolio manager you will be re- visiting the Optimize Portfolio process countless times. Which of the following are considered outputs to this process?

Because of the ongoing and iterative nature of portfolio management, the processes in it are continually repeated as new components are added, and others are completed or terminated.
Revisions are constant given complexity, risks, and the rate of change. As you work to optimize the portfolio, it is helpful to:

Managing value is key to success as portfolio are undertaken to ultimately deliver an outcome that is strategically aligned and which delivers value to the organization. While managing value, the portfolio manager invokes the Benefits Realization Analysis activity. Which of the following is part of this activity?

Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix. Which of the following options shows a clear path from the "as-is" to the "to-be" vision?

You are approaching a major checkpoint and right before the review meeting, one of the key stakeholders asked you to add a small component which is of high interest to her and requires minimal effort and spans a short duration. What should you, as a portfolio manager do?

You have already created portfolio scenarios (what-if analysis) by reviewing components against prioritization criteria and using analysis techniques (e.g., options analysis, risk analysis, SWOT analysis, financial analysis). You now want to recommend portfolio scenario(s) and related components, based on prioritization analysis/criteri

A portfolio manager is managing a portfolio as described in the following table:

The CEO has requested that the portfolio manager calculate the health of the portfolio to achieve the benefits to the organization. The organization has placed more importance on the CPI metric than the SPI metric, weighting cost at 80% and schedule at 20%.
What is the composite index of the portfolio?

Because of budget cutbacks, a portfolio manager has been forced to make extensive changes to the portfolio schedule and components. As part of this restructuring, the portfolio manager should first: