Showing posts with label Free Questions. Show all posts
Showing posts with label Free Questions. Show all posts

Wednesday, December 03, 2025

NEW PMI-PMP (PMBOK7) Free Questions and Answers


These PMI-PMP questions are all from PMBOK Guide, 7th edition. These are based on my years of teaching project management practitioners from different industry verticals. 

For over a decade, I've the privilege to teach, interact, and learn from thousands of aspiring PMPs. There have been many successful PMI-PMPs. As interact with them, I also learn the kind of questions being faced. Without them, it'd not have been possible.


This is in continuation of the following posts: 


PMBOK7 Practice questions and answers are also available in the PMP Exam Prep Book, I Want To Be A PMP, which has enabled many PMP Success Stories.

In this post, there are 12 questions, which you can try.  To answer these PMBOK7 questions, you need to have: 
  • Sound understanding of the PMBOK® Guide, 7th edition. All the questions are from PMBOK7.
  • Ability to apply that understanding in situational, scenario-based and contextual environments,
  • Real-world project management experience.

As mentioned earlier, this also addresses the need of many professionals who have requested me to put some sample PMP questions so that can proceed with the PMP Live Lessons or PMP 35 Contact Hours Online Course or PMP Exam Prep Book. All of these have recently updated with PMBOK7 content. 

I hope you enjoy attempting these questions and it helps in your preparation for the PMP exam. 

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PMI-PMP (PMBOK7) QUESTIONS


Question – 1: Question – 1: For your project, you want to have a more comprehensive and informed identification of project risks – both individual and overall project risks. Which project management principle will help you the MOST?

A Stakeholder principle.

B Complexity principle. 

C Risk principle.

D System thinking principle.



Question – 2: Due to a court decision, an infrastructure project that a PM has been managing was asked to change the design and plans. As the manager, the PM knew that the project rarely goes as initially planned and hence was ready to make changes quickly in order to proceed further. Because the PM held a holistic view and was not rigid about plans. Which principle did the manager follow?

A Create a collaborative project team environment.

B Focus on value.

C Tailor based on context.

D Embrace adaptability and resiliency.


Question – 3: Your team is working on an adaptive project, where the team doesn't have a fixed, up-front scope. To manage it, the team is working with the customer to find out which features are worth investment and which are not. For this purpose, which artifact will help you the most?

A Risk-adjusted backlog

B Risk burndown chart

C Risk map

D Risk board



Question – 4: Like the four values of Agile Manifesto, there are four values included in the PMBOK guide, 7th edition. What are they (choose two)?

A Responsibility, Respect, Fairness

B Honesty, Fairness, Respect

C Respect, Rights, Ethics

D Ethics, Simplicity, Integrity

E Rights, Courage, Integrity


Question – 5: Uncertainty includes black-swans. Which one of the following is correct about black-swan events?

A Very high probability, but low impact

B Very low probability, but extreme impact

C Both very high probability and catastrophic impact

D An event with retrospective predictability


Question – 6: Currently you are working on a medical project to cure cancer. The product produced by this project is completely new and it has never been developed before. The stakeholders are also diverse. You are anticipating a lot of risk associated with stakeholder acceptance. What should you do?

A Use a predictive approach to develop the product with upfront and detailed risk analysis

B Go for a hybrid approach, develop the product predictively  and roll-out in an adaptive manner

C Use an incremental approach and deliver the first increment to key stakeholders

D Choose an iterative approach and release a minimum viable product to get feedback.


Question – 7: The Virginia Satir Change Model, which is used in Agile environment is mainly about which one of the following:

A Continuous practice and integration

B Introducing a transforming idea to the system

C Moving from Late Status Quo to New Status Quo 

D Introducing a foreign element


Question – 8: One model for all forms of interactions, including negotiation, is Steven Covey’s principle of “Think Win-Win.” This is a win-win approach, unlike others such as win-lose. The most important things to be present for a win-win are all of the following, but:

A People involved show character and demonstrate integrity

B The parties trust each other

C Each party is willing to look by putting himself/herself in other person's shoes

D Each party thinks how to get maximum benefits - financial and non-financial


Question – 9: Which one of the following cannot be tailored for a project considering the principle-based standard of PMBOK Guide, 7th edition?

A Life cycle and development approach

B Models, methods and artifacts

C Performance domains and principles 

D Tools and processes


Question – 10: This artifact is a one-page visual summary that describes the value proposition, infrastructure, customers, and finances, among others. This is a/an ___________________ artifact:

A Strategy 

B Logs and register

C Plan 

D Other


Question – 11: For a newly launched artificial intelligence project, the team members are unsure of how to proceed or undertake their work. Most of them are confused on how to proceed. You've been assigned as the project manager. What should you do?

A Add more feedback verification loops and quality assurance steps. 

B Add more guidance, training, and verification steps.

C Use techniques like value stream mapping and Kanban boards

D Explore root causes to identify why the team is unsure.


Question – 12: In a project, stakeholders are not engaged. In fact, quite a few stakeholders have raised negative feedback. You, as the project manager, can do all of the following, except:

A Evaluate whether sufficient information is being shared with stakeholders

B Feedback loops are present and working

C Deeper engagement, not simply communicating, with the stakeholders

D Presence of Kanban boards to know the issues being raised


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The question set is available in the embedded document below. The answers are also part of this document.

For all answers with detailed explanations, subscribe to this site and send a mail (from your GMail ID) to managementyogi@gmail.com.




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Monday, January 15, 2024

20 NEW PMI-RMP Multi-Response Free Questions and Answers (Part - 2)

 

This is in continuation of the earlier series of questions for the mutlti-response or multi-answer questions for the PMI-RMP® examination. I call them multi-response, multi-choice quesitons.

I'd strongly suggest that you take both the parts together when you try to attempt the questions. That way you will get a feel of questions and how to answer them. Do note that these are not verbatim  questions from PMI-RMP exam, however, these questions covers the areas needed for the exam. These questions are taken from the following courses and book:

Again do note that the PMBOK 7th edition is a reference for the new RMP exam. It's explicitly listed in the exam content outline (RMP-ECO). 

The RMP Live Lessons course also comes with a dedicated  full-length question for this purpose (PMBOK7 and ECO).

In this part, we will have final 10 multi-answer/response questions. I hope you are able to do most of the questions on your own! If not, do send a mail as noted below.

[This series - Part - 1]

Subscribe to the site (top-right corner) for fresh updates.

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Question – 11: For a project, the risk manager has all the planning related work, implementing the risk responses and currently monitoring the risks. For certain risks, while monitoring, the plan is to trigger a response based on analysis. Which of the following can be used (choose two)?

A. Affinity diagrams.
B. Contingency planning.
C. Variance analysis.
D. Residual impact analysis.
E. Trend analysis.


Question – 12: Which of the following are not correct about reserve analysis (choose two)?

A. Informs the amount of reserves remaining to the amount of risk remaining at any time in the project.
B. Use in both Perform Quantitative Risk Analysis and Monitor Risks process.
C. Can be plotted with a cause-and-effect diagram.
D. Burndown charts can be used to represent the reserve remaining.
E. Tells if the remaining reserve is adequate.


Question – 13: For a project, a number of risk related activities, but conditions ones, are added with changes to the project schedule. These have been approved and integrated, which in result in updates to (choose two):

A. Project schedule.
B. Project schedule management plan.
C. Project management plan.
D. Project schedule baseline.
E. Project resource management.


Question – 14: A planning session is ongoing in order to build a common understanding of the risk approach between stakeholders and to gain agreement for managing risks in a project, which will be part of the portfolio. The output of this meeting can have which of the following (choose two):

A. Introduction, Portfolio description, Stakeholder risk appetites.
B. Identified risks, Risk owners, Risk Response Owners.
C. Project description, Criteria for success, Thresholds and corresponding definitions.
D. Communications management plan, Risk breakdown structure, Contingency plans.
E. Risk management organization, Roles, responsibilities, and authority, Risk management techniques and guidelines for use.


Question – 15: Risk identification is about all of the following, except (choose two):

A. Develop a comprehensive list of all known uncertainties that could project objectives.
B. Use various tools and techniques such as variance analysis and trend analysis to identify new risks.
C. Write the risk statements in a three-part statement for clarity.
D. Use matrix method-based techniques such as analytical hierarchical process (AHP) to identify risks.
E. Remove biases and an array of human behavior patterns stand in the way of identifying unknown risks.


Question – 16: An example of unknown-known can be all of the followings, but (choose two):

A. A known fact.
B. A hidden assumption.
C. A hidden fact.
D. An unknowable.
E. An ignored assumption.


Question – 17: Delphi technique is one of the core techniques used to identify various uncertainties in a project and hence, associated risks. However, one of the key stakeholders opposes and outlines a number of reasons about its drawbacks. Why can this stakeholder be right (choose two)?

A. Limited to technical risks.
B. Iterative and hence gets unnecessarily refined.
C. Removes sources of bias.
D. Dependent on actual expertise of experts.
E. Can't be used for reserve estimation.


Question – 18: A project is getting closed. The risk manager and team members have tried to manage the risks to a large extent possible, but still some of the risks remained. As the project draws to a closure, what should be done with these risks, except (choose two)?

A. Include a summary of any risks or issues encountered on the project and how they were addressed.
B. Check the risk register and close all the risk before closing the phase.
C. Move the content of the risk register into the lessons learned register.
D. Hand-over the remaining risks into the next phase of the project.
E. Check the risk report in order to see the status of high-priority risks.


Question – 19: For a multi-geographical project under a satellite program, a project manager is currently collecting the performance information. In addition to it, which of the following can be done, except (choose two)?

A. Checking the status of the risks that have already been identified.
B. Evaluating whether or not the impact can be contained within the limits of the project budget.
C. Verifying whether any known risk has not occurred or is not about to occur.
D. Monitoring the status of all actions implemented to respond to the detection or occurrence of a risk.
E. Adding additional activities or work packages to update the project’s baselines or product backlog.


Question – 20: For a project, the risk owner has been monitoring the actions to determine the effectiveness and to identify if any secondary risks have arisen. The risk action owners while informing the status of response actions say that the undertaken actions are closed. What should the risk owner do next (choose two)?

A. Check if the risk has been effectively dealt with.
B. Inform the project manager about it and close the risk.
C. Determine if any additional actions need to be planned and implemented.
D. Keep the risk in the register and manage the risk through subsequent risk management processes.
E. Immediately perform an audit of this risk to determine the effectiveness of response.


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The question set is available in the embedded document below. The answers are also part of this document. You can scroll to see the content. 

For all answers, subscribe to this site and send a mail (from your GMail id) to managementyogi@gmail.com.



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Tuesday, January 09, 2024

20 NEW PMI-RMP Multi-Response Free Questions and Answers (Part - 1)



The Risk Management Professional (RMP®) exam from PMI® has various types of questions, including the multi-response questions. Indeed, if you are appearing for the latest RMP exam in 2024 and beyond, then you will face both multi-choice and multi-response questions. There is a subtle difference between the two.

Multi-choice questions: There will be four radio-button choices. ONLY one of the choices will be correct. I call it single-response, multi-choice question. These questions are relatively not that difficult. But considering PMI, the standard will be high. 

Multi-response questions: There will be usually five choices with check-boxes on the left, where you can select the right answers. In this case, there will be more than one correct answer. I call these multi-response, multi-choice questions. These are also called mutli-answer questions. These questions, compared to multi-choice questions, will be relatively difficult. 

These questions are taken from the following courses and book:

To answer these questions, you need to have:

  • Understanding of the Standard for Risk Management in Portfolios, Programs and Project. This is the main reference for the RMP exam.
  • Understanding on the concepts of uncertainties, complexties, ambiguities and risks from both PMBOK Guide 7th edition and PMBOK 6th edition. Yes, PMBOK 7th edition is an explicit reference for the latest RMP exam!
  • Ability to apply your understanding in the real-world in a varieties of situations and scenarios.
  • Good understanding of the PMI-RMP exam content outline (ECO), the latest one released in March/April 2022.

In this part, we will have 10 such multi-answer/response (or multi-response, multi-choice) questions. 

You will be seeing such questions for the first time. As noted earlier, RMP exam takers are already facing such questions. 

I hope you enjoy doing the questions and it helps in your PMI-RMP exam.


Subscribe to the site (top-right corner) for fresh updates. 

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Question – 1: One of the principles of risk management is to foster a culture to embrace risk management. Such a culture: (choose two)

A. Identifies threats rather than ignoring them.
B. Identifies opportunities rather than ignoring them.
C. Identifies opportunities by cultivating a positive mindset within an organization.
D. Identifies both threats and opportunities by allocating the right resources.
E. Focuses on most impactful risks first.


Question – 2: Which of the following are not correct about risk attitude (choose two)?

A. Driven by perception and evidenced by observable behavior.
B. Must range from risk seeking to risk averse.
C. Individuals will have inconsistent attitudes towards risks.
D. Not always stable or homogenous.
E. It's the degree to which an individual accepts risks in anticipation of reward.


Question – 3: A risk manager and team members are identifying various sources of uncertainties at the individual project task level and also overall project level. While doing so, they are currently focusing on the quantitative assessment of various project constraints such as cost, schedule, scope, quality among others. Which of the following cannot be inputs for this purpose (choose two)?

A. Cost estimates.
B. Duration estimates.
C. Requirement estimates.
D. Resource estimates.
E. Resource requirements.


Question – 4: Risk management planning process is not only important from the process perspective, but also strategy perspectives. Which of the following are not the purposes of this process (choose two)?

A. Gain a better understanding of individual risks. 
B. Have a numerical estimate of the overall effect of risk on the objectives.
C. Develop the overall risk management strategy.
D. Decide how the risk management processes will be executed. 
E. Integrate risk management with all other activities.


Question – 5: Considering team members are new to the project and risk management is quite new, which of the following are the key success factors for risk identification (choose two)?

A. Risks linked to objectives.
B. Agreed upon definition of risk terms.
C. Complete risk statement.
D. Appropriate risk data model. 
E. Available resources, budget and schedule for responses.


Question – 6: Considering risk owner and risk action owner, which are not correct? (choose two)

A. Risk owner is responsible for monitoring the risk.
B. Risk owner is responsible for selecting and implementing an appropriate risk response strategy.
C. Risk action owner reports the risk owner about the status of the risk response actions.
D. Risk action owner is responsible for finding out the effectiveness of a response.
E. Risk action owner owns the response actions, whereas risk response owner owns the response.


Question – 7: A project has been following the project management body of knowledge (PMBOK) guide's process group model of initiating to closing to manage a project, of which risk management is an integral part. Considering the planning process group of the five process groups, which of the following are considered?

A. Understanding of high-level risks that might impact project objectives.
B. Selection of overall risk management approach for the project.
C. Risk management integration with quality management and execution of stakeholder engagement strategies.
D. Risk management being part of every process in the planning process group.
E. Handing over the remaining known risks prior to closure of the project.


Question – 8: A risk manager is evaluating the effectiveness of risk management processes as documented in the risk management plan. The purposes of the audit can be (choose two):

A. Risk management rules are being carried out as specified.
B. Residual risks response planning is properly taken. 
C. Risk management strategy is iterative and integrative.
D. Risk management related lessons are documented properly. 
E. Risk management rules are adequate for monitoring and controlling the work.


Question – 9: The risk breakdown structure (RBS) is a hierarchical framework of potential sources of risk and used in risk identification. RBS can be used for all of the following situations, except (choose two):

A. Can be used in association with brainstorming.
B. Ensures coverage of all types of risk. 
C. Lowest level of RBS is known as the risk package.
D. Tests for blind spots or emissions.
E. Used for evaluating current risks as well as identifying new risks.


Question – 10: In a meeting for risk identification, the risk manager wants to allow all participants to speak their mind and contribute to the discussion. This is to identify as many risks as possible and to stimulate creativity. Which of the following tools and/techniques will help the risk manager the most (choose two)?

A. Brainstorming.
B. Checklist.
C. Prompt list.
D. Document analysis.
E. Delphi technique.


Subscribe to the site (top-right corner) for fresh updates. 

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The question set is available in the embedded document below. The answers are also part of this document. You can scroll to see the content. 

For all answers, subscribe to this site and send a mail (from your GMail id) to managementyogi@gmail.com.






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Saturday, October 14, 2023

20 PMI-PfMP Free Questions and Answers (Part - 2)


This post is in continuation of the earlier series of questions for the PfMP® examination. I would strongly recommend that you take both the parts together when you try to attempt the questions. 

These are not verbatim questions from the PfMP exam. Nevertheless, a lot of thought, understanding and also pain have gone in preparing the questions. 

These questions cover the areas needed for the exam. The questions are based on the Standard for Portfolio Management, Standard for Risk Management in Portfolios, PfMP Examination Content Outline (ECO) and other reference books (PMI list) for the PfMP exam.

In this part, we will have the final 10 questions of the series.

These questions are from the newly released book:

I Want To Be A PfMP, the plain and simple way

Again, I sincerely hope you enjoy doing these PfMP questions, and it helps in your PfMP exam preparation.

[This series: Part - 1] 

Subscribe to the site (top-right corner) for fresh updates.


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PMI-PfMP QUESTIONS (Part – 2)


Question – 11: After authorizing the portfolio components, you have documented the governance decision in the portfolio reports. Now, you want to communicate the decisions to the key stakeholders. Which tool or technique will be most effective?
A Portfolio authorization technique
B Portfolio management information system
C Portfolio review meetings
D Communication requirements analysis 


Question – 12: You are doing a number of surveys and also conducting questionnaires with stakeholders to provide monitoring and control for the portfolio. This is known as:
A Elicitation
B Requirement gathering
C Using communication methods
D Employing communication vehicles


Question – 13: While optimizing the portfolio, you want to know the top risks associated with the portfolio components and any potential issues that may arise due to implementation. Which one will help you the most for this analysis?
A Portfolio risk reports
B Portfolio issue reports
C Portfolio capacity reports
D Portfolio performance reports


Question – 14: The portfolio strategic plan has:
A Portfolio vision, goals, objectives, success criteria, scope and resources

B Measurable goals and objectives, portfolio benefits, key risks, assumptions, constraints, and dependencies

C High-level scope, high-level budget, key and initial stakeholders, assumptions and constraints, high-level risks

D Governance model, prioritization model, portfolio oversight, portfolio structure


Question – 15: Portfolio management is not only getting the right components and related investment decisions, but also considering the risks involved and building a risk-adjusted portfolio. For this, a portfolio manager can use many investment choice tools, but:
A Market-payoff variability analysis
B Probability or probabilistic analysis
C Performance variability analysis
D Time-to-market variability analysis


Question – 16: Traffic light colors such as red, yellow, green, and blue, along with milestone markers are used to display component status for the entire portfolio. This report is:
A Portfolio Resource Utilization Report
B Portfolio Performance Variance Report
C Portfolio Funnel Chart or Burndown/Burnup Chart
D Portfolio Resource Capacity and Capability Report


Question – 17: You are taking raw data or information without full context and putting it into reports with context, which holds values for the recipients. It's:
A Qualitative and Quantitative (Q&Q) Analysis
B Capability and Capacity (C&C) Analysis
C Communication Requirement Analysis
D Stakeholder Analysis


Question – 18: Your sponsor is concerned about all the portfolio risks, including the various sources of uncertainties. A colleague, who is a certified PfMP has advised you to develop a portfolio risk exposure chart, because this chart shows:
A Internal risks and external risks
B Portfolio risks, Component risks and Overall risks
C Structural risks and Execution risks
D Technical risks, Management risks and Portfolio risks


Question – 19: As you pre-screen, identify and categorize the portfolio components, you are using a number of component descriptors. However, which one of the following is not a portfolio component descriptor?
A Quantitative benefits
B Qualitative benefits
C Alignment for strategy 
D Portfolio component customer


Question – 20: Currently, you are developing a key deliverable which provides the high-level graphical timeline, mapping of portfolio components, and internal and external dependencies. For this purpose, you are looking for a simple prioritization model with criteria such as strategic alignment, financial benefits, financial costs, risk, and dependencies. What should you do?
A Check the Portfolio Charter
B Take the prioritization model from the Portfolio Management Plan
C Refer to the prioritization model of the Portfolio Strategic Plan
D Seek guidance from the Portfolio Governing Body



Subscribe to the site (top-right corner) for fresh updates.

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The question set is available in the embedded document below. The answers are also part of this document.

For all answers with detail explanation, subscribe to this site and send a mail (from your GMail id) to managementyogi@gmail.com.



PfMP Live Lessons - Guaranteed Pass:
PfMP Online Exam Prep - With Money-Back Guarantee:

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Monday, October 09, 2023

20 PMI-PfMP Free Questions and Answers (Part - 1)

 

The Portfolio Management Professional (PfMP®) is the highest-level certification offered by the Project Management Institute (PMI®). 

In fact, it is an elite certification. Very few have earned this certification.

To earn this certification, you need the right content, material, course of action and above all, high-quality questions, which will test your ability and understanding with respect to portfolio management.  

In this post series, we will have 20 PMI-PfMP questions. These questions are prepared with inputs from successful PfMPs, current portfolio management practitioners, and referring to practices used by portfolio management software tools. 

The Standard(s) for Portfolio Management, the Standard for Risk Management in Portfolios, the PfMP Exam Content Outline (ECO) and certain other key reference books have been primarily referred to prepare the questions.

To answer these questions, you need to have:

  • Solid foundation on Portfolio Management, which is based upon the Standard for Portfolio Management from PMI. 
  • Sound understanding of portfolio management process interactions, across the process groups and knowledge areas. 
  • Absolute clarity on various inputs, tools and techniques (ITTOs) of the various portfolio management processes. 
  • Real-world portfolio management experience.
  • Ability to apply portfolio management theory/concepts in various contexts, scenarios and situations.

This is the first of the series, where you will have 10 questions. The next part will have another set of 10 questions.

These questions are from the newly released book:

I Want To Be A PfMP, the plain and simple way

I sincerely hope you enjoy doing these PfMP questions. And it helps in your preparation for the PfMP exam.

[This series: Part - 2 ] 

Subscribe to the site (top-right corner) for fresh updates. 


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PMI-PfMP QUESTIONS (Part – 1)


Question – 1: The key deliverables in portfolio management processes are:
A Portfolio Strategic Plan, Portfolio Management Plan, Portfolio Risk Management Plan, Portfolio Performance Management Plan

B Portfolio Strategic Plan, Portfolio Charter, Portfolio Roadmap, Portfolio Management Plan, Portfolio

C Portfolio Charter, Portfolio Management Plan, Portfolio Strategic Plan, Portfolio Risk Register, Portfolio Issue Register/Log, Portfolio Benefits Realization Plan

D Portfolio Documents, Portfolio Process Assets, Portfolio Reports, Portfolio Management Plan


Question – 2: A new portfolio manager has joined the PfMO and is currently struggling to bring the portfolio and its components to authorization. As you are a certified PfMP, she approaches you to understand the proper sequence of steps of components till authorization. Which one of the following would be your advice?
A Identification, Selection, Prioritization, Scoring, Balancing and Optimizing of portfolio components

B Pre-screening, Identification, Selection, Balancing, Evaluation, Authorizing of portfolio components

C Identification, Categorization, Scoring and Ranking, Evaluation, Selection, Prioritization, and Balancing of portfolio components

D Pre-screening, Selection, Identification, Categorization, Balancing and Authorization of portfolio components


Question – 3: To manage supply and demand, you are determining what would happen if human resources, equipment, or funding were increased or decreased, or if constrained resources were not available. This is an example of:
A What-if analysis
B SWOT analysis
C Comparative advantage analysis
D Scenario analysis


Question – 4: Your organization is quite new to organized portfolio management and the current software system available is not robust. The strategic management head wanted your view on it. You suggest proceeding because in a less mature organization, the Portfolio Management Information System (PfMIS) is a:
A A set of automated and/or manual tools
B A document depository with version and configuration control systems
C A collection of spreadsheets or other portfolio documents
D A set of systems, processes and tools


Question – 5: After you complete the ‘communication requirements analysis’ while developing the Portfolio Communication Management Plan, you document it in a:
A Stakeholder Communication Strategy Matrix
B Stakeholder Matrix
C Communication Matrix
D Stakeholder Engagement Matrix


Question – 6: You want to find out the gaps in investment within the portfolio as a whole. Which T&T will be used?
A Qualitative analysis
B Quantitative analysis
C Monte Carlo simulation
D Investment choice analysis


Question – 7: A portfolio manager (PfM) is analyzing to define the benefits that will be provided by the portfolio components and compare them to the costs of the portfolio components to build a chronological view of the components. Benefits may be qualitative or quantitative. What is the PfM doing?
A Cost-benefits analysis in Develop Portfolio Roadmap process
B Cost-benefits analysis in Optimize Portfolio process
C Cost-benefits analysis in Manage Portfolio Value process
D Cost-benefits analysis with Portfolio Efficient Frontier in Optimize Portfolio process


Question – 8: In a meeting, the portfolio sponsor suggested adding, modifying as well as terminating (cancellation) some of the components due to strategy updates. You, the portfolio manager, is not very sure and want to compare the pre-existing components with the new components to ensure strategic alignment. What analysis will help you?
A Strategic alignment analysis
B Stakeholder analysis
C Gap analysis
D Value measurement and scoring analysis


Question – 9: A portfolio manager is checking the components available and deciding whether the component should be part of the portfolio. To be part of the portfolio, components should have a minimum size or budget of $500,000. What is the portfolio manager doing?
A Using the weighted ranking and scoring technique
B Applying the portfolio component categorization technique
C Identifying and categorizing the portfolio components
D Using the T&T of portfolio component inventory


Question – 10: Currently, you are checking a list of portfolio components which are to be deactivated and terminated. With it, you want to return the remaining funding and resources to be returned to the resource pool and funding of the organization. What are you doing?
A Building a balanced, optimized and approve set of components for the portfolio
B Applying authorization techniques for the portfolio and its components
C Clearly defining the portfolio components and segregating the active and inactive components
D Authorizing the portfolio and/or its components

[This series: Part - 2 ] 

Subscribe to the site (top-right corner) for fresh updates. 

 

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The question set is available in the embedded document below. The answers are also part of this document.

For all answers with detail explanation, subscribe to this site and send a mail (from your GMail id) to managementyogi@gmail.com.



PfMP Live Lessons - Guaranteed Pass:
PfMP Online Exam Prep - With Money-Back Guarantee:


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