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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 326

Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, update to reflect how the new strategy will be implemented?

Correct Answer: B
Explanation
The Portfolio Management Plan describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio of programs, projects, and other work to meet the organization's strategic objectives; it reflects how the strategy will be implemented through the Portfolio life cycle
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Question 327

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: B
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Question 328

As part of the strategic alignment, you Rank strategic priorities working with key stakeholders and using qualitative and quantitative analyses in order to

Correct Answer: A
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Question 329

Your company got recently acquired by another company and the strategic directions which your portfolio is based on have been changed. Which document do you, as a portfolio manager, update to reflect the change to the timeline?

Correct Answer: A
Explanation
The roadmap depicts the high-level strategic direction and information in a chronological fashion, reflecting the timeline of the Portfolio implementation and a clear path from the "as is" to the "to be" states
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Question 330

Portfolio Governance Model is developed as part of the Portfolio management plan and defines the way the organizational assets and resources are planned to be managed within the portfolio according to the specific environment of the organization. Which of the following is correct regarding the Governance Model purpose and content?

Correct Answer: A
Explanation
The Governance Model clearly defines Roles and responsibilities for specific roles such as portfolio manager, sponsors, portfolio stakeholders, executive stakeholders, and program and project managers. Roles and responsibilities need to be defined for portfolio management and for various governing bodies. It also establishes and tailors the decision-making rights and authorities, responsibilities, rules, and protocols needed to manage progress based on portfolio risk
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