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Best PMI-PfMP Practice Exams and Real Exam Simulations, Portfolio Management Professional | SPOTO

Elevate your portfolio management expertise with the Best PMI-PfMP Practice Exams and Real Exam Simulations designed for Portfolio Management Professionals (PfMP). Our high-quality practice tests are tailored to enhance your preparation and ensure success in the PfMP certification exam. The Portfolio Management Professional (PfMP) certification signifies your advanced competency in coordinating and managing portfolios to achieve strategic objectives effectively. Engage in mock exams that replicate the actual exam environment, providing valuable insights into exam questions and scenarios. Utilize our exam simulator to access online exam questions and real exam simulations, empowering you to practice with purpose and precision. Prepare comprehensively, practice diligently, and excel in your PfMP certification journey with our expertly designed practice exams and exam simulations.
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Question #1
An example of a simple prioritization model is one in which the criteria are:
A. Easily quantifiable
B. Both qualitative and quantitative
C. Focused on benefits realization and sustainment
D. Focused on both short- and long- term goals
View answer
Correct Answer: A
Question #2
Working to prepare the communications plan, a best practice to follow is to use the roadmap. By doing so, it:
A. Shows the overall portfolio timeline, useful for determining the frequency of reporting
B. Provides information about interdependencies that may affect objectives
C. Emphasizes milestones and the timing of key benefits
D. Shows applicable constraints
View answer
Correct Answer: B
Question #3
A useful guideline to identify the portfolio and sub-portfolios is the:
A. Portfolio charter
B. Portfolio performance plan
C. Portfolio structure
D. Roadmap
View answer
Correct Answer: C
Question #4
The portfolio management process ensures the components are aligned to goals. However, it is driven by:
A. Viability
B. Value and benefits
C. Organizational strategy and objectives
D. Interdependencies and resource constraints
View answer
Correct Answer: C
Question #5
Capability and capacity analysis are two techniques that complement one another to help determine the portfolio structure as there may be limiting factors for the number of components an organization can execute. These limiting factors include:
A. Capability factors such as resource availability
B. Capability factors such as lack of key skill sets
C. Capacity factors such as financial and asset considerations
D. Capability factors such as financial and asset considerations
View answer
Correct Answer: D
Question #6
While there are a number of recommended contents of the portfolio strategic plan, a guiding principle is to:
A. Document assumptions and constraints
B. Recognize stakeholder risk tolerances
C. Recognize the portfolio will evolve through progressive elaboration
D. Define the portfolio vision and objectives to align with organizational strategy
View answer
Correct Answer: D
Question #7
It is a best practice for the portfolio manager as he or she prepares the portfolio strategic plan to:
A. Involve stakeholders at all levels in the process
B. Communicate its importance throughout the organization
C. Integrate and respond to changes in the portfolio
D. Ensure funds are available to allocate to each category in the portfolio
View answer
Correct Answer: C
Question #8
One key artifact to review as the portfolio communications management plan is prepared is the:
A. Portfolio management plan as it shows all elements in it have communications requirements
B. Portfolio performance plan as it sets forth needed reports and their frequency
C. Portfolio strategic plan since it shows the need for strategic alignmen
D. Portfolio beneits realization plan to determine reports on progress in benefit realization, transition, and sustainment
View answer
Correct Answer: A
Question #9
In identifying risks to then manage and control, as the portfolio manager you are consulting organizational process assets such as:
A. Commercial data bases
B. Lessons learned
C. Knowledge bases
D. Values
View answer
Correct Answer: D
Question #10
The roadmap forms the initial basis to establish dependencies, which are:
A. Part of each component
B. Within the portfolio and between organizational areas
C. Especially important for standalone projects to show why they are being pursued
D. The basis for prioritization mapping
View answer
Correct Answer: B

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