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  2. PMI Certification
  3. PfMP Exam
  4. PMI.PfMP.v2024-08-13.q337 Dumps
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Question 96

Your CEO is keen to know the likelihood of the portfolio to realize the expected ROI. You are currently looking for a tool to calculate the probability to achieve portfolio objectives. Which of the following will help you in doing that?

Correct Answer: A
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Question 97

Risk is inherent in all activities and managing risk is critical to a successful portfolio. Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. When it comes to Portfolio management, which of the following is a risk concern?

Correct Answer: C
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Question 98

You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups. you know that managing communication is key to success and you stress on maintaining a high communication level. As part of the portfolio communication management, multiple documents are prepared in order to effectively manage communications. The Communication matrix is one of the prepared documents, what does it include?

Correct Answer: D
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Question 99

In a portfolio you have a continuous interaction between the portfolio and its components. You have to follow a lot of processes and procedures in order to reach a satisfactory result. In your opinion as a portfolio manager, who guides the portfolio team to follow the processes, metrics, and other procedures in the portfolio?

Correct Answer: D
Explanation
This is a tricky question. You should note here that the portfolio sponsor is responsible and accountable for the success of the portfolio, however, a portfolio sponsor is normally an executive who has a lot of obligations and does not have the luxury of time such as the portfolio manager to follow up regularly on the team. The sponsor follows up with the portfolio manager on the progress and only intervenes in the case where there is a big issue that the portfolio manager or the steering committee can not solve. Thus, the person who guides the portfolio team should be the portfolio manager because the portfolio manager, in contradiction to what others may think of, manages and guides the portfolio team to execute the different processes. Portfolio Manager is the right answer for this question
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Question 100

Managing Strategic Change is an integral part of any portfolio in order to remain aligned with the strategic objectives. Your portfolio has undergone a major strategic change and you are currently determining the volume of work required to do in order to re-align the portfolio. What are you currently using?

Correct Answer: B
Explanation
A gap analysis is performed to compare the current portfolio mix and components with the new strategic direction and the "to-be" organizational vision. This is essential to properly manage strategic change. This analysis determines the gaps and changes needed in the portfolio mix in order that components may be added, changed, or terminated
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