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PMI Updated PfMP Exam Questions and Answers by oren

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PMI PfMP Exam Overview :

Exam Name: Portfolio Management Professional (PfMP)
Exam Code: PfMP Dumps
Vendor: PMI Certification: Portfolio Management Professional
Questions: 495 Q&A's Shared By: oren
Question 16

You are managing a highly technical portfolio and are already mid-way through the implementation. You know that the communication is key to success as all the involved parties and stakeholders have a high technical exposure and you should maintain their buy-in along the lifecycle. Part of your activities is to collaborate with stakeholders to reach a common ground and to resolve conflicts. Which of the following is considered a collaboration technique?

Options:

A.

Interview and observation survey techniques

B.

All of the options

C.

Focus groups and brainstorming activities

D.

Polling input from a team as a consensus or majority vote

Discussion
Question 17

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 A. out while a lot of work was won competitively, much of it was for small dollar amounts, and resources are misallocated. The new approach is to focus on business value, which has as its goal to:

B. As chieve the greatest return on investment to the organizationBb. aximize productivity and increase overall customer satisfaction

C. Deliver the maximum value aligned with strategic objectives

D. Focus on those opportunities that have the greatest likelihood of successful completion

Options:

Discussion
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Question 18

You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. What is the expected outcome from managing supply and demand?

Options:

A.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports updates, Portfolio Components Reports updates

B.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports

C.

Portfolio updates, Portfolio Management Plan updates, Portfolio Reports, Portfolio Process Assets updates

D.

Portfolio updates, Portfolio Management Plan updates, Portfolio Process Assets updates

Discussion
Question 19

Many people in your country are no longer eating food from cans because of the risk of botulism and eColi O1H747. Your low acid canned foods company is seeing its revenues decrease as a result, and it is updating its overall strategy for the company to diversify into other markets as well as to add an aggressive marketing campaign to ensure the public that its low acid canned foods are generally recognized as safe by the Food and Drug Administration. This means in terms of portfolio management:

Options:

A.

Each proposed component must demonstrate business value before it is undertaken

B.

The ROI for existing components should be reviewed to determine if they should continue

C.

The existing inventory of work should be validated against the updated strategy

D.

The benefits to be realized by existing components require standard KPIs tied to critical success factors

Discussion
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