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PMI PfMP Exam Questions

Exam Name: Portfolio Management Professional
Exam Code: PfMP
Related Certification(s): PMI Portfolio Management Professional Certification
Certification Provider: PMI
Number of PfMP practice questions in our database: 494 (updated: Nov. 18, 2024)
Expected PfMP Exam Topics, as suggested by PMI :
  • Topic 1: Monitor the portfolio performance on an ongoing basis/ Recommend portfolio scenario(s) and related components
  • Topic 2: Define and establish a governance model including the structure/ Determine the impact to portfolio and portfolio components
  • Topic 3: Determine portfolio management standards, protocols, rules, and best practices/ Collect and consolidate key performance metric data
  • Topic 4: Manage and escalate issues by communicating recommended actions to appropriate decision makers/ Identify prioritization criteria
  • Topic 5: Evaluate organizational strategic goals and objectives using document reviews/ Make recommendations and obtain approval regarding portfolio decisions
  • Topic 6: Maintain records by capturing portfolio artifacts, such as approvals, prioritizations/ Update and refine existing portfolio road maps
  • Topic 7: Analyze and optimize the consolidated allocation/reallocation of capacity/ Manage portfolio changes using change management techniques
  • Topic 8: Measure the aggregated portfolio performance results against the defined business or strategic goals/ Determine acceptable level of risk for the portfolio
  • Topic 9: Balance portfolio and prioritize portfolio components, using established criteria/ Develop the portfolio risk management plan, using governance risk guidelines, processes
Disscuss PMI PfMP Topics, Questions or Ask Anything Related

Bernardo

3 days ago
Ecstatic to have passed the Portfolio Management Professional exam! Pass4Success's questions were incredibly similar to the real thing. Highly recommend!
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Jovita

5 days ago
I successfully passed the PMI Portfolio Management Professional exam! One question that caught me off guard was related to portfolio risk management, specifically about identifying and prioritizing risks. I wasn't sure of my answer, but the Pass4Success practice questions helped me prepare well.
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Jillian

20 days ago
Passing the PMI Portfolio Management Professional exam feels amazing! There was a question on communications management that asked about the best methods for stakeholder communication in a portfolio. I had to guess a bit, but the practice questions from Pass4Success were invaluable.
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Kenneth

1 months ago
I’m thrilled to announce that I passed the PMI Portfolio Management Professional exam! One challenging question was about portfolio performance metrics and how to measure the success of a portfolio. I wasn't confident in my answer, but the preparation with Pass4Success paid off.
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Denise

1 months ago
Whew, that PMI PfMP exam was tough! Grateful for Pass4Success - their materials were a lifesaver. Passed on my first try!
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Marshall

2 months ago
Thanks for all the tips! By the way, how did you prepare for the exam?
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Karma

2 months ago
The PMI Portfolio Management Professional exam is behind me now, and I passed! There was a tricky question on portfolio governance, specifically about the roles and responsibilities of a Portfolio Review Board. I had to think hard about it, but the practice questions from Pass4Success were a big help.
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An

2 months ago
I used Pass4Success for my prep. Their practice questions were spot on and really helped me pass in a short time. Highly recommend them!
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Yan

2 months ago
I just passed the PMI Portfolio Management Professional exam, and it was quite a journey! One question that really stumped me was about how to ensure strategic alignment within a portfolio. It asked about the best practices for aligning projects with organizational goals. I wasn't entirely sure, but thanks to the Pass4Success practice questions, I managed to get through.
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Willie

2 months ago
Just passed the PMI Portfolio Management Professional exam! Thanks Pass4Success for the spot-on practice questions. Saved me weeks of prep time!
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Elenore

3 months ago
Passing the PMI Portfolio Management Professional exam was a great achievement for me, and I attribute my success to using Pass4Success practice questions for preparation. The exam tested my knowledge on various topics, including monitoring portfolio performance and determining the impact to portfolio components. One question that I found challenging was related to establishing a governance model, as it required a thorough understanding of organizational structures and decision-making processes.
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Keva

4 months ago
My exam experience for the PMI Portfolio Management Professional exam was successful, thanks to Pass4Success practice questions. I found the exam to be comprehensive, covering topics such as defining and establishing a governance model and monitoring portfolio performance. One question that I remember was about recommending portfolio scenarios and related components, which required critical thinking and analysis.
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Reed

5 months ago
Just passed the PMI Portfolio Management Professional exam! One tricky area was portfolio risk management. Expect questions on risk identification, analysis, and response strategies across multiple projects. Focus on understanding how risks at the portfolio level differ from project-level risks. Thanks to Pass4Success for their spot-on practice questions that helped me prepare efficiently!
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Cherilyn

5 months ago
I passed the PMI Portfolio Management Professional exam with the help of Pass4Success practice questions. The exam was challenging, but I felt well-prepared thanks to the practice questions. One question that stood out to me was related to determining the impact to portfolio and portfolio components. It required a deep understanding of how changes in one area can affect the overall portfolio.
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Free PMI PfMP Exam Actual Questions

Note: Premium Questions for PfMP were last updated On Nov. 18, 2024 (see below)

Question #1

Capability and capacity analysis are useful tools in portfolio performance management. In using this type of analysis a best practice is to:

Reveal Solution Hide Solution
Correct Answer: A

Question #2

Assume you are the portfolio manager for a telecommunications company. Your company was about to launch a new and easy to use smart phone with more features than any existing phones on the market at a lower price. However, although the phone was due to market in five days, the Federal Communications Commission issued today a regulation that would make your new phone not available for use in airplanes. Thus additional work must be done, and your executives are wondering whether a new phone should be developed for this new feature. You are ensuring that if a new phone is developed, or if the almost completed product is not to be marketed, there is still alignment to the organization's strategy. As you complete an analysis of alternatives, you also should ensure results of the analysis are reflected in the:

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Correct Answer: B

Question #3

Assume you are preparing the first portfolio risk management plan for your outsourcing company, which typically handles call centers around the world. While the company has implemented portfolio management and has a Portfolio Oversight Group, it did not previously assess risks to the portfolio itself. Instead, it assumed risks would be managed at the project level. However, numerous customer complaints have been received. The root cause is once a new call center is established, limited if any planning is done as the manager rushes to have it ready and operational as soon as possible. This has led to a lack of understanding as to what is required for the call centers to be successful. In preparing this plan, you are reviewing the portfolio management plan because it:

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Correct Answer: C

Question #4

Since you work for a global aerospace and defense organization, it decided to pilot the implementation of portfolio management in its cargo aviation business unit. You were asked to lead this initiative and realized before you could proceed, you should find out information about all the existing projects, programs, and operational activities. This task took three months to complete, but with this list, you now can use it to set up categories for the work that is under way and to also define criteria to use to propose new components. As a result you should:

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Correct Answer: B

Question #5

As soon as you complete the portfolio risk management plan, and you have been working on it now with a team, you realize you need to update some organizational process assets such as:

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Correct Answer: A


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