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  1. Home
  2. PMI Certification
  3. PfMP Exam
  4. PMI.PfMP.v2024-08-13.q337 Dumps
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Question 171

Information and direction about the organization's vision, mission, prioritization, and resources should be obtained before the portfolio's strategic plan is developed by reviewing:

Correct Answer: C
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Question 172

Your health insurance company has set up its portfolio into five different categories: research and development, IT, Medicare, government health insurance, and non-government health insurance. Funding is allocated yearly to each of these six categories. As the portfolio manager at the enterprise level, you:

Correct Answer: B
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Question 173

A new sponsor was appointed by the company in order to push more on the investments underway. The new sponsor wants detailed information on time and money and wants to get things done quickly. Which element of the portfolio management plan will be referred to for managing the sourcing of key resources?

Correct Answer: D
Explanation
The Portfolio Performance Management Plan defines how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components and how the portfolio component progress and resource-related issues and risks are integrated with the resource management activities to ensure that cost-effective resource allocations are made to maximize portfolio performance. It manages the sourcing of key resources such as finance, assets, and human resources to ensure optimal returns. It is critical in closing the gap between organizational strategy and the fulfillment of that strategy. It Documents how the organization plans to measure, monitor, control and report (1) portfolio performance, (2) resource management, and (3) portfolio value
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Question 174

Resources allocation and optimization for use is key to a successful portfolio. You have assigned human resources, funds and other required assets to a component that you have initiated recently. What should have been done prior to being able to to that?

Correct Answer: A
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Question 175

Assume your consulting company tried portfolio management in the past, but it was not embraced. Instead, people received bonuses if they were able to acquire new work regardless if it fit the company's strategic plan.
However, the company was sold, and the new executive team asked you to be the portfolio manager. You explained it did not work in the past, but the new team has pointed.

Correct Answer: C
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