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Exam Name:	Portfolio Management Professional (PfMP)
Exam Code:	PfMP Dumps
Vendor:	PMI	Certification:	Portfolio Management Professional
Questions:	494 Q&A's	Shared By:	alora

Question 24

Assume you are the portfolio manager for the Federal Railroad Administration. Funding is provided annually according to the Government's budget process. Any monies that are not spent at the end of a fiscal year are lost, and there are some restrictions in place concerning whether funds can be transferred to different programs, projects, or operations work in the agency. Therefore, to maximize the use of funding you require:

Options:

Regular reports on funds for authorized components

Projections on a quarterly basis as to the funds components require

Mechanisms for internal audits to ensure funds are allocated effectively

Accurate estimates of the funds needed when the component is proposed for consideration

Discussion

Question 25

As a portfolio manager you visit and re-do the Optimize Portfolio process continuously. Which of the following, in your opinion, is the objective/purpose of the Optimize Portfolio Process?

Options:

Balance the portfolio for performance and value delivery

Make Governance Decisions

Create an up-to-date list of qualified portfolio component

Allocating resources to develop component proposals or execute portfolio components

Discussion

Question 26

Stakeholders in your company are skeptical of the changes that will occur as portfolio management is being implemented. While some are supportive, most are not as they believe their work may be terminated. As the portfolio manager, you prepared a list of stakeholders, which is included in the:

Options:

Portfolio strategic plan

Portfolio charter

Portfolio performance plan

Portfolio management plan

Discussion

Question 27

A junior Portfolio manager has come to you for advice. He is hearing a lot about the focus of portfolio management practices, however, he is not sure anymore of the exact answer. What do you, as an experienced portfolio manager tell him?

Options:

Portfolio is undertaken to produce deliverables that support specific organizational objectives

Portfolio is undertaken to achieve one or more organizational strategies and objectives

Portfolio is undertaken to achieve benefits

Portfolio is undertaken to handle operational daily activities

Discussion

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