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Vendor: PMI
Exam Code: PFMP
Exam Name: Portfolio Management Professional (PfMP)
Certification: PMI Certifications
Total Questions: 495 Q&A ( View Details)
Updated on: Jan 22, 2025
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The sponsor came to you asking for a high level timeline to depict the approach that you will take to execute this portfolio. What tools and techniques is useful in your case?
A. Strategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory
B. Gap Analysis, Readiness Assessment, Stakeholder Analysis
C. Scenario Analysis, Capability and Capacity Analysis
D. Prioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis
In order to guide the work and correctly manage the portfolio, one of the major documents to be prepared is the Portfolio Management Plan acting as guideline for portfolio management. What are the tools and techniques you could use while developing this plan?
A. Integration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques
B. Capability and Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative and Qualitative Analysis, PMIS
C. Capability and Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical Methods, Quantitative and Qualitative Analysis
D. Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization
Programs and projects in your company, one of the largest banks in the world, are required to submit metrics as to their individual progress each month. To simplify the collection and reporting process, you held interviews with members of the Portfolio Review Board to see their areas of greatest interest and also with program and project managers to determine how difficult it would be to collect the data. You then selected 10 possible metrics to the Board, with a goal that five would be regularly reported. It is important to note that:
A. Quantitative metrics are preferable
B. The value is realized when components are used
C. Customer satisfaction is the most important goal
D. If components have interdependencies with other components, their metrics should be reported as a group
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