PfMP

PfMP practice questions, page 10 of 11, with answer review and explanations.

Question 46

A company hired you as a new portfolio manager, and the CEO asked you to propose a method to manage the organizational portfolio. What should you do first?

  1. Assess whether the organization is ready to change
  2. Understand who are key stakeholders
  3. Analyze the gap between the current situation and the new strategic direction
  4. Define the portfolio vision

Question 47

After investigating the supply and demand, you have come up with some governance recommendations. What’s the next step?

  1. Update the portfolio management plan
  2. Update the portfolio
  3. Write the governance recommendations on PMIS
  4. Write the governance recommendations on portfolio reports

Question 48

You’re using a bubble graph to compare and balance portfolio components. How do you call a bubble graph technically?

  1. Graphical Analytical Methods
  2. Capability and Capacity Analysis
  3. Scenario Analysis
  4. Communication Methods

Question 49

What is the definition of Results Chain?

  1. A chart that begins with one central item and then branches into more and keeps branching
  2. A cause-and-effect diagram that helps managers to track down the reasons for imperfections, variations, defects, or failures
  3. A set of activities that a firm operating in a specific industry performs to deliver a valuable product for the market
  4. A chart that shows the cause and effect relationships between the portfolio components

Question 50

You are developing a portfolio strategic plan for an IT startup company. Which kind of tools and techniques do you need?

  1. Capability and capacity analysis
  2. Strategy alignment analysis
  3. Stakeholder analysis
  4. Scenario analysis