What are the inputs to the Develop Portfolio Performance Management Plan process?
#PfMP #CapacityAndCapability
#PfMP #CapacityAndCapability
Anonymous Quiz
13%
A. Portfolio roadmap, portfolio reports, portfolio charter
30%
B. Portfolio management plan, portfolio process assets, OPA, EEF
31%
C. Portfolio roadmap, portfolio charter, OPA, EEF
26%
D. Portfolio management plan, portfolio process assets, OPA, portfolio reports
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Daly PMP Question #2753
Working previously in the financial industry and studying finance and risk in graduate school, you are familiar with Markowitzโs 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. A mix of componentsโfrom 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
#KnowledgeMap #PfMP #PortfolioPerformance
Correct answer: https://knowledgemap.pm/right?q=e15efcc8
Working previously in the financial industry and studying finance and risk in graduate school, you are familiar with Markowitzโs 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. A mix of componentsโfrom 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
#KnowledgeMap #PfMP #PortfolioPerformance
Correct answer: https://knowledgemap.pm/right?q=e15efcc8
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Correct Answer - KnowledgeMap
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#PfMP Question #2463
How is "Change" defined for portfolio management?
How is "Change" defined for portfolio management?
Anonymous Quiz
10%
a. Depending on organizations, it can be a random process
60%
b. Occurs in the broader internal and external environment monitored by the manager
10%
c. Strictly internal controls that are monitored by the manager
19%
d. Occurs in the broader internal and external environment but not necessarily monitored
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#PfMP Question #2245
A portfolio team member is confused about what is meant by organizational resources. Which of the following is possibly one of the organizational resources?
A portfolio team member is confused about what is meant by organizational resources. Which of the following is possibly one of the organizational resources?
Anonymous Quiz
3%
a. Funds
16%
b. Tangible and intangible assets
16%
c. Program and project managers and subject matter experts
65%
d. All the options
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#PfMP Question #2249
Jenny has been asked to make a determination as to how prepared the organization is to perform the steps needed to bridge the gap between the "as-is" portfolio state and the "tobe" state. What is she being asked to perform?
Jenny has been asked to make a determination as to how prepared the organization is to perform the steps needed to bridge the gap between the "as-is" portfolio state and the "tobe" state. What is she being asked to perform?
#PfMP Question #1174
You are charged with developing a project selection methodology for your multi-national corporation. It is imperative that projects fully employ available project resources in each of the cultures where you do business. In constructing a weighting system for this methodology, you will rank:
You are charged with developing a project selection methodology for your multi-national corporation. It is imperative that projects fully employ available project resources in each of the cultures where you do business. In constructing a weighting system for this methodology, you will rank:
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#PfMP Question #2194
Which of the following can be considered one of the Portfolio Component Categorization Criteria?
Which of the following can be considered one of the Portfolio Component Categorization Criteria?
Anonymous Quiz
8%
a. Continuous Improvement
5%
b. Process Improvement
13%
c. Increased Profitability
74%
d. All the above
#PfMP Question #2177
A portfolio manager is looking for a starting point to develop the Portfolio.
Which of the following is right?
A portfolio manager is looking for a starting point to develop the Portfolio.
Which of the following is right?
Anonymous Quiz
44%
a. Portfolio Charter
21%
b. Inventory of work
5%
c. Portfolio Communication Plan
30%
d. Portfolio Roadmap
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#PfMP Question #2014
A portfolio manager develops the portfolio charter and assesses the impact of enterprise environmental factors.
Which of the following scenarios might the portfolio manager encounter?
Answers:
a. The portfolio structure needs to be changed so that it aligns stakeholder relationships, scope, benefits, and portfolio goals.
b. The portfolio charter needs to be changed to account for the results of the capability and capacity analysis.
c. The portfolio charter needs to align with scenarios examined during the scenario analysis.
d. The portfolio structure in the charter needs to align with the organizational accounting structure.
A portfolio manager develops the portfolio charter and assesses the impact of enterprise environmental factors.
Which of the following scenarios might the portfolio manager encounter?
Answers:
a. The portfolio structure needs to be changed so that it aligns stakeholder relationships, scope, benefits, and portfolio goals.
b. The portfolio charter needs to be changed to account for the results of the capability and capacity analysis.
c. The portfolio charter needs to align with scenarios examined during the scenario analysis.
d. The portfolio structure in the charter needs to align with the organizational accounting structure.
#PfMP Question #2483
What are the different categories of the stakeholders?
What are the different categories of the stakeholders?
Anonymous Quiz
76%
a. Internal and external
6%
b. Important and non-important
4%
c. Executives and individuals
14%
d. None of the above
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#PfMP Question #2651
The members of your Portfolio Review Board and other key stakeholders tend to be risk adverse as the company has survived recent recessions and is profitable. However, in an upcoming meeting with the corporate Board of Directors, they have asked you to show the frequency of meeting certain cost objectives at various percent points. For example assume the portfolio is to meet a $41,000 target in the next month, to be 75% confident this will occur, a forecast of $50,000 is needed. This means you need to show:
The members of your Portfolio Review Board and other key stakeholders tend to be risk adverse as the company has survived recent recessions and is profitable. However, in an upcoming meeting with the corporate Board of Directors, they have asked you to show the frequency of meeting certain cost objectives at various percent points. For example assume the portfolio is to meet a $41,000 target in the next month, to be 75% confident this will occur, a forecast of $50,000 is needed. This means you need to show:
#PfMP Question #2102
The Defining Process Group is most active:
The Defining Process Group is most active:
Anonymous Quiz
11%
a. At the time the organization identifies and updates its plans
16%
b. At the time the organization identifies and updates its strategic goals
3%
c. At the time the organization identifies and updates its near term budgets
71%
d. All of the answer choices
#PfMP Question #1995
Glenn is currently involved in the Authorize Portfolio process. He is describing to you a tool and technique he is currently applying which identifies which portfolio components have been assigned resources. What is Glenn describing?
Glenn is currently involved in the Authorize Portfolio process. He is describing to you a tool and technique he is currently applying which identifies which portfolio components have been assigned resources. What is Glenn describing?