Exam Name: Portfolio Management Professional (PfMP)
Certification Provider: PMI
Corresponding Certification: Portfolio Management Professional
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Reference: https://www.pmi.org/certifications/portfolio-management-pfmp
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PMI Portfolio Management Professional (PfMP) Sample Questions:
After investigating the supply and demand, you have come up with some governance recommendations. What's the next step?
- A. Update the portfolio
- B. Write the governance recommendations on portfolio reports
- C. Update the portfolio management plan
- D. Write the governance recommendations on PMIS
Correct Answer: B 🗳️
While managing the portfolio value, it is important to know the different roles of responsibilities and accountabilities for the actual benefits realization in order to be able to aggregate the correct value from different components; in which document are these roles and responsibilities mentioned?
- A. Portfolio Management Plan
- B. Portfolio Process Assets
- C. Portfolio Strategic Plan
- D. Portfolio Charter
Correct Answer: A 🗳️
You are the CIO of a real estate investment trust (REIT) that invests in apartments and condominiums in more than 50% of the states in your country. Your organization has as its goal to respond to any concerns that arise within 24 hours; for example, you want to make sure Wi-Fi sites are operational if there are any power outages, and people have soft phone service available 24/7. You are a member of the REIT's Portfolio Review Board, and as a member of the executive team in terms of portfolio risk management, you want to focus on:
- A. Inconsistent processes
- B. Identifying and managing liabilities
- C. Issues with product support
- D. Interaction of component risks
Correct Answer: B 🗳️
Two organizations merge and consolidate all key portfolios. As a result, a new strategic direction is communicated.
What should the portfolio manager do next?
- A. Reevaluate and prioritize the portfolios'components.
- B. Continue to independently manage the portfolios.
- C. Terminate the existing portfolios and develop new ones.
- D. Eliminate the components in each portfolio that generate the least revenue.
Correct Answer: C 🗳️
You are managing a portfolio linked to multiple business units and you set clear roles and responsibilities from the beginning to avoid delays and to enhance the decision making process.
An unanticipated issue occurred last week, which relates to one of your team members missing to check the market fluctuating currency. In which of the following documents should you look to know which member was responsible of this?
- A. Governance Model
- B. Strategic Plan
- C. Risk Register
- D. Risk Roles & Responsibilities
Correct Answer: A 🗳️
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