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PMI PfMP Exam
Portfolio Management Professional (Page 7 )

Updated On: 9-Feb-2026
Page 7 of 100
PDF with 494 Questions

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. A major risk has recently occurred and the risk owner came to you asking advise on how to report it. what would you advise her?

  1. Portfolio Process Assets
  2. Risk Register
  3. Portfolio Organizational Assets
  4. Portfolio Reports

Answer(s): D



While your organization maintains a decision register after each meeting of the Portfolio Review Board, this register only notes decisions that are made when a component is added to the portfolio or if the Board terminates a component. If the component is terminated, the reason for the termination is not listed. Also if a proposed component is not approved, the reason is not listed. It is evident this register is lacking in its usefulness, which means it requires updating as it is:

  1. In the portfolio management plan
  2. A portfolio process asset
  3. An organizational process asset
  4. Part of the governance model

Answer(s): B



In your diversified chicken products company, your portfolio of components in progress consists of approximately 175 programs, projects, and other work. Generally, at each Portfolio Review Board meeting, about 35 new proposals are reviewed to see if they should be part of the portfolio. As the portfolio manager, you have set up categories for these components. They are useful to facilitate portfolio optimization because:

  1. They use filtering to eliminate certain components from consideration
  2. They help identify the components that meet requirements for consideration
  3. They serve as key evaluation criteria
  4. They address organizational strategy and objectives

Answer(s): D



While defining the portfolio mix, the portfolio manager performs a categorization of the portfolio components based on multiple categorization criteria. Which of the following is considered as a portfolio component category?

  1. Continuous Improvement
  2. Risk Reduction
  3. All of the options
  4. Process Improvement

Answer(s): C



You are the manager of a major portfolio with a variety of stakeholders and stakeholder groups. you know that managing communication is key to success and you stress on maintaining a high communication level. You want to start developing your Communication Management Plan and are planning to use

  1. Portfolio Process Assets, Portfolio Charter, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
  2. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Portfolio Reports
  3. Portfolio Process Assets, Portfolio Roadmap, Portfolio, Portfolio Management Plan, Enterprise Environmental Factors
  4. Portfolio Process Assets, Portfolio Charter, Portfolio Reports, Portfolio Management Plan, Portfolio Component Reports

Answer(s): B






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