PfMP Free Practice Test

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 meeting with stakeholders to document the internal and external financial dependencies and shared resources between different portfolio components. Which of the following techniques are you performing

1. A. Elicitation technique
2. B. Interdependency analysis
3. C. Capability & Capacity analysis
4. D. Readiness Assessment

Correct Answer: B

Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, change to reflect the new stakeholders and their expectations?

1. A. Communication Management Plan
2. B. Portfolio Roadmap
3. C. Portfolio Strategic Plan
4. D. Portfolio Management Plan

Correct Answer: A

Your CEO is keen to know the expected value of multiple components that interest him and wants you to give him a comparison of the expected value across components. You are currently looking for a tool to facilitate comparison of expected value across components and support informed portfolio decision making. What are you looking for?

1. A. Manage Portfolio Value
2. B. Portfolio Strategic Plan
3. C. Value Measurement Framework
4. D. Portfolio Process Assets

Correct Answer: C

As a portfolio manager and in the aim of defining the preliminary list of components to be included in your portfolio, which will serve as a starting point for developing a portfolio. You start by identifying existing and potential portfolio components by reviewing documentation such as business plans/proposals in order to

1. A. Create a basis for decision making
2. B. Create portfolio scenarios
3. C. Provide a guiding framework to operationalize the organizational strategic goals and objectives
4. D. Understand the strategic priorities

Correct Answer: B

One of your team members who is particularly interested in becoming a portfolio manager has asked you what is the relation between the Portfolio roadmap and the Programs/Projects roadmaps? What should be your answer to him?

1. A. Program and Project roadmaps may be included in the portfolio roadmap
2. B. There is no relation whatsoever
3. C. Program and Project roadmaps are more detailed and less strategically aligned
4. D. Portfolio roadmaps are high level approaches for program and project roadmaps

Correct Answer: A