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  1. Home
  2. PMI Certification
  3. PfMP Exam
  4. PMI.PfMP.v2022-03-07.q135 Dumps
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Question 36

You work in a fairly small company where the PMO helps in providing oversight to support the portfolio management. In such organization, where are the PMO structure, responsibilities, and implementation approach documented?

Correct Answer: A
Explanation
The PMO can also assist with communicating governance decisions, changes in the portfolio, and stakeholder communication according to sponsor and stakeholder requirements. If a PMO is to be utilized, the structure, responsibilities, and implementation approach will be documented in the portfolio management plan under the Portfolio Oversight section
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Question 37

You are the manager for a major industrial portfolio aiming to rebuild the vintage building in your region.
Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budget, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you started to develop a robust Portfolio management plan. Which of the following can be used when starting this process?

Correct Answer: C
Explanation
The answer to this question is Portfolio Strategic Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors, Organizational Process Assets, Portfolio Process Assets
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Question 38

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following is not a risk strategy?

Correct Answer: B
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Question 39

As part of the portfolio management plan, you have the "Manage Strategic Change" and the "Change Control and Management". This is causing issues to one of your team's junior portfolio managers as she cannot understand the difference. In your opinion, what is the difference between both?

Correct Answer: C
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Question 40

Aligning the portfolio with the strategic objectives starts by developing the Portfolio Strategic Plan. You are currently developing this plan and are looking for a document that provides you long-term direction. What are you looking for in this case?

Correct Answer: D
Explanation
The organizational strategy and objectives provide long-term direction, and they target the vision and mission, which reflect a long-term direction. These are normally put in a statement that you will use in this case.
PPAs are portfolio supporting documents that can influence success, and inventory of work shows the current work being undertaken in the organization and serves as a starting point for developing a portfolio. The strategic plan is not an input to the Develop Strategic Plan process
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