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: Feb 17, 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 : rtfolio Process Assets updates

B : rtfolio Management Plan updates

C : rtfolio Reports

D : rtfolio Updates

Answer: C

Question 2

Working previously in the financial industry and studying finance and risk in graduate school, you are familiar

with Markowitz's Efficient Frontier theory. Now assume you are the portfolio manager for a state government

agency. Your agency has a reputation of being risk adverse but given recent budget cuts, you have convinced

your executive team it needs to pursue some new programs and projects to demonstrate its benefits to the state.

You decided to apply the Efficient Frontier concepts to show them the current state of its components in terms

of risk and associated costs. You explained the portfolio is efficient if it has:

A : mix of components—from high risk/high return to low risk/low return

B : The ability to quantify the value of risk in monetary terms

C : The possible overall portfolio value with the greatest possible benefits

D : The best possible expected level of return for its level of risk

Answer: D

Question 3

There was a change in your portfolio to speed up things resulting in the addition of new components. In order to update the new vision, dependencies and timeline for the components, you should update which of the following?

A : rtfolio Roadmap

B : rtfolio Charter

C : rtfolio Strategic Plan

D : rtfolio Management Plan

Answer: A

Question 4

Having worked in portfolio management for several years, assume you were hired as the portfolio manager for a Real Estate Investment Trust, one of the largest in your country that specializes in apartments. The company continues to grow and wants to maximize value and profits for its investors. As you set up processes and procedures for portfolio management, you know from past experience that buy in from executives is insufficient. As you prepare a communications strategy, you focus on:

A : tisfying important information needs of stakeholders

B : rveying stakeholders through a questionnaire to determine information requirements

C : ing focus groups to assist in determining information needs

D : cusing first on the executive team's communications requirements and then involving others

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 : 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

Page: 1 / 100

Total 500 Questions | Updated On: Feb 17, 2025

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