Free PfMP Exam Braindumps
Portfolio Management Professional Questions 241–245 (page: 50)

Updated On: 10-Feb-2026

During one of the management meetings, an opportunity was identified. This opportunity has a huge impact on the portfolio. What is your first action as a portfolio manager?

  1. Document it in the benefits register
  2. Update the portfolio management plan
  3. Document it in the risk register
  4. Update the portfolio roadmap

Answer(s): C



Risk Management is integrated in all the other processes and process groups and is an integral recurrent activity throughout the portfolio life cycle. Which of the following is considered an external risk that can affect the portfolio?

  1. Technological Advancement
  2. Corporate Strategies
  3. Bankruptcy
  4. Changing Priorities

Answer(s): A



One of the junior portfolio managers learned that she needs to perform organizational structure analysis as part of the portfolio management plan development. She does not understand why and she came to you for advice. What is your advice to her?

  1. Portfolio Management roles and responsibilities are defined based on this analysis
  2. This analysis, along with the analysis of the portfolio structure from the charter, help in the selection of strategically aligned portfolio components
  3. This analysis will help in prioritizing the portfolio
  4. This analysis is part of the develop strategic plan and not develop portfolio management plan

Answer(s): A



The Portfolio Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Management Plan purpose and focus?

  1. Identifies recipients for information associated with the portfolio management process
  2. Articulates the options, preferences, and factors that will be considered in a specific portfolio
  3. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio
  4. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components

Answer(s): C



Assume you are the portfolio manager for a public sector organization, and it has been part of a public-private partnership for three years for highway projects. You are making recommendations as to the next program to undertake. The head of your Highway Department in your State is questioning whether the partnership is the best approach or whether it is best to work on its own. You asked the Marketing manager for assistance, and she prepared a value-for-money analysis. This approach is useful in that it:

  1. Enables an apples-to-apples comparison of the two approaches
  2. Provides a real options approach
  3. Supports a value-to-organizational vision approach
  4. Computes the expected monetary value of the two approaches

Answer(s): A



Viewing page 50 of 100
Viewing questions 246 - 250 out of 494 questions


Post your Comments and Discuss PMI PfMP exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!