Question 1

The existing portfolio manager was replaced by a new portfolio manager and the analysis has shown that the

distance between the pessimistic and best case scenario of the new portfolio manager is larger than the old one,

which kind of manager is the new one?

Options :

A : Optimistic

B : Pessimistic

C : Risk Averse

D : Risk Taker

Answer: D

Question 2

Risk management is an integral part of project, program and portfolio management and is invoked throughout the project, program and portfolio life cycle. Which of the following highlights the difference between portfolio risk and program or project risks?

Options :

A : Portfolio risks focus on strategies, whereas program and project risks focus on implementation

B : Portfolio Risks may be actively accepted in anticipation of high rewards, whereas, program and project level risks are not

C : Portfolio risks are the aggregation of subsidiary programs and projects risks

D : Portfolio risks can not be mitigated to other third parties, whereas program and project risks can

Answer: B

Question 3

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. You have just finalized the development of the risk management plan. What

do you normally expect to find in a Portfolio Risk Management Plan?

Options :

A : Communication policies/constraints

B : Organizational risk tolerance

C : Governance Model

D : Roles and Responsibilities for risk management

Answer: D

Question 4

Resources allocation and optimization for use is key to a successful portfolio. You have assigned human

resources, funds and other required assets to a component that you have initiated recently. What should have

been done prior to being able to to that?

Options :

A :

Managed Portfolio Value

B : Communicated the decision to all stakeholders

C : Prioritized the component

D : Authorized the component

Answer: D

Question 5

Assume you are the portfolio manager for a company that specializes in software, including portfolio

management software. It has many components under way to enhance the existing product line but also to

move the company into Cloud computing. You regularly prepare reports on the portfolio status but lately have

had a large number of stakeholders request ad hoc reports. You decided to survey your stakeholders to learn

about their information needs. You next decided to hold some one-on-one interviews with several interested

and influential stakeholders in terms of communications requirements. From these interviews you are

concerned that some stakeholder groups may be missing so you decided to:

Options :

A : Conduct another survey

B : Hold some lessons learned sessions

C : Have a brainstorming session

D : Convene a focus group

Answer: C

Higher Test Marks with Free Online PfMP Exam Practice

Buying Options: