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  2. PMI Certification
  3. PfMP Exam
  4. PMI.PfMP.v2022-03-07.q135 Dumps
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Question 61

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You have just finalized managing the strategic change and you are expected to present the following documents:

Correct Answer: B
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Question 62

When we talk about portfolios, programs and projects, it is inevitable to mention the business value which is the sum of tangible and intangible assets of an organization, also known as the net quantifiable benefit. When it comes to business value, at which level of the organization is the Business Value achieved?

Correct Answer: D
Explanation
Portfolios optimize the pursuit of BV by choosing which initiatives to undergo and by prioritizing them to meet goals and objectives. This is why greater BV is generated through portfolios Programs improve the generation of BV by realizing benefits aligned with strategic objectives and by linking different projects together to realize greater benefits Projects optimize the delivery of BV by producing outputs for a program objective; after all, the deliverable is generated at the project level where the project manager will optimize the delivery in terms of cost, time, scope and quality.
BV is then acquired at the level of operations and normally expressed in monetary terms. BV is achieved at operational level because take an example of designing a software application that will help your sales unit have faster "order processing time" thus gaining more contracts which will be reflected in a 5% revenue increase each year. BV starts to be acquired when the sales unit starts using the software application and not a minute before (and this is at operations level)
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Question 63

Two functional managers within your portfolio are arguing about one scarce resource, and each one is claiming that the resource should be assigned to them. What should you do as a portfolio manager in order to solve this issue?

Correct Answer: D
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Question 64

In a portfolio, data is an abundant asset, and managing the information aiming for a a better decision making is critical. For this you use a variety of Quantitative and Qualitative analysis methods. These methods are performed in 4 of the portfolio management processes and serve a slightly different purpose in each and every one of them. When it comes to the optimizing portfolio, what is the purpose of using this analysis?

Correct Answer: C
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Question 65

Chartering a portfolio is a major step in getting the needed authorizations to execute the portfolio. Your are currently developing the charter and considering the following inputs

Correct Answer: A
Explanation
The answer to this question is Portfolio Strategic Plan, Enterprise Environmental Factors, Portfolio Process Assets
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