Free Access PMI.PfMP.v2022-04-22.q124 Practice Test (Page 2)

Question 1

You have scored the portfolio components and are analyzing the data in order to prioritize the components.
Using the following scoring table, which of the options represents the correct Components Priority?
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A.A, C, E, B, D

B.D, B, E, A, C

C.D, B, C, E, A

D.D, B, E, C, A

Question 2

A junior Portfolio manager has come to you for advice. She is asking about her main responsibilities as a portfolio manager in order to see if she is on the right track. What should be your advice to her?

A.She will be responsible of managing the strategic, operational and functional activities of all portfolio components

B.Her responsibility is to continuously review, reallocate, re-prioritize and optimize the portfolio to ensure alignment with strategic objectives

C.Her responsibility is to develop and maintain portfolio, program and project management frameworks and methodologies

D.You should tell her to go read the standard for portfolio management where she can find all the needed answers to her questions

Question 3

Establishing a portfolio management process starts with the development of the organizational portfolio management implementation plan. Which of the following helps while developing this plan?

A.A proficient management team commitment to the effort

B.A planned approach for incrementally developing and implementing portfolio management processes

C.All of the options

D.A planned approach to change organizational behavior that includes a balance of strong leadership and management

Question 4

Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix. Which of the following options shows a clear path from the "as-is" to the "to-be" vision?

A.Portfolio Strategic Plan

B.Portfolio Roadmap

C.Portfolio

D.Portfolio Charter

Question 5

You have been assigned as a consultant to give your expertise on a failing portfolio which is critical to the success of your client's organization. You are now in the process of reviewing the portfolio management plan.
What do you expect to see as part of this plan?

A.Portfolio Justification, high-level scope and high-level timelines

B.Vision for the portfolio, which is based on the alignment with the organization's goals and objectives

C.Balancing portfolio and managing dependencies

D.The major components of the portfolio which are aligned chronologically to achieve portfolio value

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