Free PMI PfMP Exam Questions

Become PMI Certified with updated PfMP exam questions and correct answers

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Total 500 Questions | Updated On: Mar 26, 2025

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Question 1

You have been recently assigned to manage a new portfolio that is supposed to shift the company from silo-based to a projectized one. You are in the process of initiating the portfolio. You are currently developing the strategic plan. Upon finishing it, you are expected to present

A : rtfolio Strategic Plan and Portfolio Process Assets updates

B : rtfolio Strategic Plan and Portfolio

C : rtfolio Strategic Plan

D : rtfolio Strategic Plan and Inventory of Work

Answer: B

Question 2

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

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

B : ovides information about interdependencies that may affect objectives

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

D : phasizes milestones and the timing of key benefits

Answer: B

Question 3

When it comes to change, one of your junior portfolio managers came to you requesting your help to deal with

the overwhelming strategic changes. He wants your assistance in solving the issue of continuous changes in

the organization's objectives. What should be your advice to him?

A : Change is a normal thing when it comes to portfolios, and he should act upon each strategic change in aquick manner in order to re-align his portfolio

B : Not all strategic changes impacting his portfolio need to be taken care of; he should prioritize the changeand only accept the ones with high priorities

C : Help him to align his portfolio and manage it correctly in order to decrease the number and scale ofchanges

D : Inform him that this is abnormal and that he should re-do the planning for his portfolio; even if it takestime and resources, but it will help him a lot for the rest of the portfolio life cycle

Answer: A

Question 4

You have a portfolio component that is using earned value analysis. It is at the 15% point of completion, and it

is evident that it cannot be completed as planned. Adding resources will not solve the problem, and at the last

Portfolio Review Board meeting, the Board members decided to terminate this component based on its various

risks. They then decided the resources allocated to this component could be transferred to other portfolio

components enhancing their early completion and avoiding risks from competitors. As the portfolio manager,

you:

A : Worked with the component managers to ease the transition

B : cumented these decisions in portfolio reports

C : t up both quantitative and qualitative metrics to determine the usefulness of adding resources to the other components

D : t with the affected component managers and their teams to explain these changes

Answer: B

Question 5

Assume you are helping the Portfolio Review Board select and implement the portfolio with the best alignment to strategy as you work to create a list for to be considered for prioritization. One possible component on the surface does not seem to be one that is profitable, but you believe that over time changes will occur that will make it cost/beneficial to pursue. This means you are using:

A : rket analysis

B : iness value analysis

C : enario analysis

D : tions analysis

Answer: D

Page: 1 / 100

Total 500 Questions | Updated On: Mar 26, 2025

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