PfMP

PfMP practice questions, page 4 of 11, with answer review and explanations.

Question 16

Which of the following are the key activities with the “Define Portfolio” process?

  1. Evaluating portfolio components with a ranking and scoring model comprising weighted key criteria
  2. Evaluating and determining performance and expected value and benefits (financial and non-financial) of portfolio components
  3. Categorizing portfolio components to which a common set of decision filters and criteria may be applied
  4. Determining resource (human, assets, and technology) capability, resource capacity available, and constraints for portfolio components

Question 17

The above figure shows the relationship between supply and demand. Which area do you want to minimize?

  1. Allocated Resources
  2. Resource Capacity
  3. Resource Requirement
  4. Unused Capacity

Question 18

You have just completed portfolio optimization and want to allocate resources to selected portfolio components. Which process should you follow?

  1. Manage Supply and Demand
  2. Develop Portfolio Management Plan
  3. Provide Portfolio Oversight
  4. Authorize Portfolio

Question 19

After developing a portfolio strategic plan, you create various portfolio scenarios using different combinations of both potential components and current components, evaluating their possible outcomes based on multiple assumptions? Which process are you doing?

  1. Develop Portfolio Charter
  2. Optimize Portfolio
  3. Develop Portfolio Roadmap
  4. Manage Strategic Change

Question 20

Which of the following is not one of the four stages for portfolio risk management?

  1. risks are categorized
  2. risk responses are developed
  3. risks are identified
  4. risks are monitored and controlled