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  2. PMI Certification
  3. PfMP Exam
  4. PMI.PfMP.v2022-03-07.q135 Dumps
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Question 81

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
Explanation
In this case, you should perform a prioritization analysis in order to find out which component is more important than the other so you assign the scarce resource to it
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Question 82

The Portfolio Charter is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Charter purpose and focus?

Correct Answer: A
Explanation
The Portfolio Charter Authorizes and structures a Portfolio, and forecasts how and when the portfolio will deliver value to the organization. It contains: Portfolio vision, objectives, portfolio justification, portfolio sponsor(s), portfolio management roles and responsibilities, key and major stakeholders, stakeholder expectations and requirements, communication requirements, high-level scope, benefits, critical success criteria, resources, high-level timeline, and assumptions, constraints, dependencies, and risks; in addition to Portfolio structure including the hierarchy and organization of the portfolio, sub-portfolios, programs, projects, and operations, performance expectations, organizations of the portfolio, sub-portfolios, programs, projects, and operations
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Question 83

A portfolio manager needs to continuously balance the need and requirements with the available resources and needs to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to developing the performance management plan, what is the purpose of using this analysis?

Correct Answer: A
Explanation
When it comes to developing the performance management plan, Capability and Capacity analysis is performed to understand the human, financial, and asset capacity and capability of the organization in order to select, fund, and execute portfolio components
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Question 84

One of the stakeholders of one of your components came to you complaining that his manager is not receiving specific information on multiple components progress. What is your best course of action?

Correct Answer: C
Explanation
In this case, you should do stakeholder's analysis and meet the manager to discuss his information needs.
Sending him other information may be of no interest to him and sending him what the stakeholder has asked you might not be enough. Being a major stakeholder, you should meet with him and fully understand the requirements
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Question 85

Your company is currently on the verge of bankruptcy due to the lack of transparency within the organization; this alerted the CEO to take decisive actions and request that new reporting lines be established in order to be fully transparent. The new reporting lines triggered changes in roles & responsibilities for managing communication and communication policies & constraints. Where are these changes reflected when it relates to your portfolio?

Correct Answer: A
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