Free Practice PMI PfMP Exam Questions 2025

Stay ahead with 100% Free Portfolio Management Professional (PfMP) PfMP Dumps Practice Questions

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Total 500 Questions | Updated On: Feb 18, 2025

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Question 1

When initiating portfolio components and terminating other, you come up with updates to budget, funding and resources allocations. Where should these updates be recorded?

A : Portfolio Process Assets updates

B : Portfolio Management Plan updates

C : Portfolio Reports

D : Portfolio Updates

Answer: C

Question 2

Assume after the acquisition of the natural gas transmission company by your company, a natural gas

distribution company, was approved by the various regulatory agencies. You now are overseeing more

components with this acquisition as the portfolio manager. While you had each of the components in your

company set up in various categories, this approach had not been followed by the transmission company. You

explained to its portfolio manager and staff such an approach enables:

A : Common criteria for portfolio optimization

B : A similar approach to track contribution to strategic goals

C : A way to set up a common set of decision filters

D : An alignment with the prioritization model

Answer: C

Question 3

A big strategic change occurred at the organization level and has impacted multiple portfolios in the organization including yours. The sponsor has asked you to analyze the change and update the needed documents. You managed this change and are currently updating the Portfolio Management Plan. Which of the following are part of this update

A : Portfolio Organizational Structure

B : Communication and Performance Management

C : Stakeholder Engagement

D : All of the options

Answer: D

Question 4

Your probability and impact assessment work is complete, and you are using the results to prepare the portfolio risk management plan. As you do so, it also is useful to:

A : Define the assurance levels of the risk and its performance measures

B : Validate with your stakeholders that your analysis meets their expectations

C : Communicate the results with others in the organization for greater transparency

D : Identify specific trends for each risk using qualitative and quantitative analysis

Answer: A

Question 5

Working to prepare the communications plan, a best practice to follow is to use the roadmap. By doing so, it:

A : Shows the overall portfolio timeline, useful for determining the frequency of reporting

B : Provides information about interdependencies that may affect objectives

C : Provides information about interdependencies that may affect objectives Provides information about interdependencies that may affect objectives

D : Emphasizes milestones and the timing of key benefits

Answer: B

Page: 1 / 100

Total 500 Questions | Updated On: Feb 18, 2025

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