PfMP Portfolio Management Professional

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Showing 1–3 of 20 questions

Question 1

Assume your food additive company performed a capacity analysis and found some resources had not maintained their skill sets and basically were not as productive as others in the company. Rather than have a massive reorganization, instead the executives decided to eliminate the jobs of these staff members, many of whom had been in the company for more than 20 years. Morale among the existing staff is low as people fear there will be more layoffs. Plus the government issued a new regulation that requires an additional Food and Drug Administration quality check before a new additive can be submitted for regulatory approval. One member of the executive team wants to acquire another company to enhance market share, and the existing plants in the Asia Pacific region require infrastructure upgrades. Given resource shortages, only one component can be selected to be added to the portfolio. The Board should select:

Select an option, then click Submit answer.

  • Component A—to enhance employee morale

  • Component B—to add staff to work with the FDA trained in quality management

  • Component C—to acquire the competitor to increase market share

  • Component D—to upgrade the AP's plant infrastructure

Question 2

Programs and projects in your company, one of the largest banks in the world, are required to submit metrics as to their individual progress each month. To simplify the collection and reporting process, you held interviews with members of the Portfolio Review Board to see their areas of greatest interest and also with program and project managers to determine how difficult it would be to collect the data. You then selected 10 possible metrics to the Board, with a goal that five would be regularly reported. It is important to note that:

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  • Quantitative metrics are preferable

  • The value is realized when components are used

  • Customer satisfaction is the most important goal

  • If components have interdependencies with other components, their metrics should be reported as a group

Question 3

You are managing a large portfolio and know that you will need to constantly show the progress and status of the portfolio in meeting. For this you have developed a robust roadmap using BI tools. When it comes to Portfolio dependencies, which of the following is true regarding the roadmap?

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  • The roadmap forms the initial basis on which dependencies are established both within the portfolio and externally to the portfolio, between the organization areas

  • The Portfolio roadmap includes programs and projects roadmaps, so it establishes the internal dependencies for the portfolio and its subsequent programs and projects

  • The roadmap is internal to the portfolio, so it only establishes the internal dependencies

  • The roadmap caters for the alignment with strategic objectives, so it establishes external dependencies