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: Jan 10, 2025

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Question 1

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

Question 2

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 : rtfolio Process Assets updates

B : rtfolio Management Plan updates

C : rtfolio Reports

D : rtfolio Updates

Answer: C

Question 3

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 4

You have been managing a complex portfolio for the banking industry and it is sought to be the shifting to the

top-notch digital banking era for one of the major international banks. You know you will have changes along

the lifecycle and you plan to manage them correctly in order to maintain alignment and correct execution. If

you need to reflect changes based on cost, requirements, and schedule. To which of the following section in

the portfolio management plan will you refer?

A : rformance management

B : nage strategic change

C : Resource management

D : ange control and management

Answer: D

Question 5

Communication is one of the largest activities that the portfolio manager does along the portfolio lifecycle. As

an experienced portfolio manager, you know that communication and information needs vary between

portfolios, programs and projects. How do you define the difference in those three levels of Project

Management?

A : Communications at a Program level are more diversified than at project and portfolio levelsCommunications at a Portfolio level are more diversified than at project and program levels

B : mmunications at a Project level are more diversified than at portfolio and program levels

C : iticality of the communication with relation to the organization is highest at a project level as the business value is acquired at this level

Answer: B

Page: 1 / 100

Total 500 Questions | Updated On: Jan 10, 2025

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