PfMP Exam Dumps | One of your portfolio team members is confused on the reason behind using the three processes: Define

Home
PMI
Portfolio Management Professional (PfMP)
PMI.PfMP.v2021-08-19.q117
Question 73

Valid PfMP Dumps shared by ExamDiscuss.com for Helping Passing PfMP Exam! ExamDiscuss.com now offer the newest PfMP exam dumps, the ExamDiscuss.com PfMP exam questions have been updated and answers have been corrected get the newest ExamDiscuss.com PfMP dumps with Test Engine here:

Access PfMP Dumps Premium Version
(767 Q&As Dumps, 35%OFF Special Discount Code: freecram)

<< Prev Question Next Question >>

Question 73/117

One of your portfolio team members is confused on the reason behind using the three processes: Define Portfolio, Optimize Portfolio, Authorize Portfolio and Manage Portfolio value. For him, we can skip a couple of processes. He came to you for advice. What should be your response to him?

A. He is right, processes can be skipped if you want to do the other ones

B. The processes are similar and can be skipped. The reason they exist in the standard is to cover the define, align, and monitor and control process groups

C. The processes are not similar and they are interrelated, they are continuously executed throughout the portfolio life cycle

D. The processes are part of the standard for portfolio management and should not be skipped

Correct Answer: C

Explanation
The processes are not similar; however they are interrelated. Define Portfolio categorizes the existing inventory of work into groups to ease their selection. Optimize portfolio is used to balance the portfolio components for performance and value delivery. Authorize Portfolio is used to initiate prioritize portfolio components. Manage Portfolio value is used to measure achieved value against planned one and be able to compare related benefits

Your email address will not be published. Required fields are marked *

Comment: *

Name: *

Email: *

Rating: *

Verification: *

Question List (117q): Question 1: You have been asked to be the manager for a governmental por...; Question 2: Due to strategic changes, one of the sub-portfolios in your ...; Question 3: A new project manager was given an assignment on one of the ...; Question 4: Your CEO is keen to know the expected value of multiple comp...; Question 5: A junior Portfolio manager has come to you for advice. He is...; Question 6: You are the portfolio manager in a large organization includ...; Question 7: Risk management is an integral part of project, program and ...; Question 8: One of the stakeholders of one of your components came to yo...; Question 9: The existing portfolio manager was replaced by a new portfol...; Question 10: While aggregating data from component reports in order to pr...; Question 11: Calculate the composite index for the following portfolio ha...; Question 12: In a portfolio, data is an abundant asset, and managing the ...; Question 13: While managing portfolio value, you met with stakeholders an...; Question 14: Which of the options is considered part of Enterprise Enviro...; Question 15: Stakeholders have complained to you that they are receiving ...; Question 16: As part of the Portfolio Communication, the Portfolio Manage...; Question 17: You are managing a complex portfolio with high risk levels d...; Question 18: You have been assigned as the manager for a major transforma...; Question 19: While performing the manage supply and demand process, one o...; Question 20: A portfolio manager on one of the major sub-portfolios in yo...; Question 21: Which of the following depicts the use of the burn-down and ...; Question 22: You are the manager for a governmental portfolio aiming to r...; Question 23: You are mid-way through your portfolio and you are approachi...; Question 24: You are managing a large portfolio and know that you will ne...; Question 25: In a portfolio, data is an abundant asset, and managing the ...; Question 26: Portfolio Reports are widely used as inputs and outputs to m...; Question 27: The Scenario Analysis is used twice as a tool and technique,...; Question 28: You work in a fairly small company where the PMO helps in pr...; Question 29: Updates to schedules i.e. resource, funding, benefits, are r...; Question 30: Strategies are changing, the portfolio mix is changing, the ...; Question 31: Developing the Portfolio Management Plan is a major step in ...; Question 32: Along your portfolio lifecycle, you have been conducting mul...; Question 33: You are managing a complex portfolio with high risk levels d...; Question 34: When managed correctly, the balanced scorecards can change t...; Question 35: Your company has decided to invest in a revolutionary produc...; Question 36: Managing risk is key to the success of any initiative. Risk ...; Question 37: A junior Portfolio manager has come to you for advice. She i...; Question 38: Multiple communication methods are used by the portfolio man...; Question 39: Two functional managers within your portfolio are arguing ab...; Question 40: When it comes to change, one of your junior portfolio manage...; Question 41: You are managing a large construction portfolio. Recently, a...; Question 42: As a portfolio manager, you realize the importance of commun...; Question 43: While managing portfolio communications, the portfolio manag...; Question 44: As part of developing the Communication Management Plan, a p...; Question 45: You are the portfolio manager for a large and complex portfo...; Question 46: Optimizing the portfolio is a major recurring process that t...; Question 47: During one of the management meetings, an opportunity was id...; Question 48: A portfolio manager needs to continuously balance the need a...; Question 49: The portfolio management information system is often a colle...; Question 50: You are the manager for a major industrial portfolio aiming ...; Question 51: As a portfolio manager, you map the business value areas to ...; Question 52: Managing risk is key to the success of any initiative. Risk ...; Question 53: You have been recently assigned to manage a new portfolio th...; Question 54: In a portfolio you have a continuous interaction between the...; Question 55: You have been receiving complaints from Key Stakeholders abo...; Question 56: Managing risk is key to the success of any initiative. Risk ...; Question 57: Risks perspectives differ within the organization between ex...; Question 58: In managing strategic change, the portfolio manager performs...; Question 59: The portfolio manager defines the portfolio based on a listi...; Question 60: Stakeholders expectations and requirements change throughout...; Question 61: While defining the portfolio, the portfolio manager uses a s...; Question 62: Portfolio managers tend to use the efficient frontier analys...; Question 63: After a strategic change is managed and finalized, you as a ...; Question 64: In a portfolio you have a continuous interaction between the...; Question 65: Your team members were having a discussion about the purpose...; Question 66: As you grow older, you gain more experience and things that ...; Question 67: The Portfolio Performance Management Plan is an important do...; Question 68: The sponsor came to you asking for a high level timeline to ...; Question 69: You have been newly appointed as a portfolio manager and fou...; Question 70: You are the manager for a governmental portfolio aiming to r...; Question 71: A major strategic change has occurred and you are managing t...; Question 72: A junior Portfolio manager has come to you for advice. He is...; Question 73: One of your portfolio team members is confused on the reason...; Question 74: Following an organizational change and restructuring. One of...; Question 75: Your portfolio is on a tight deliverables and is considered ...; Question 76: Your sponsor is under a lot of pressure from the management ...; Question 77: A portfolio manager needs to continuously balance the need a...; Question 78: Managing risk is key to the success of any initiative. Risk ...; Question 79: Your team members were having a discussion about the content...; Question 80: As part of the new strategic direction, the executive manage...; Question 81: The Strategic Plan is an important document that is referenc...; Question 82: Managing Strategic Change is an integral part of any portfol...; Question 83: You are managing a complex portfolio with high risk levels d...; Question 84: While managing the portfolio value, it is important to know ...; Question 85: You are managing a complex portfolio with high risk levels d...; Question 86: You have just finished the development of the Portfolio Comm...; Question 87: You are managing a complex portfolio with high risk levels d...; Question 88: Organizations pass by a strategic planning cycle on regular ...; Question 89: You have set a series of meetings with your portfolio team m...; Question 90: Consider you have the following efficient frontier graph wit...; Question 91: In a portfolio, data is an abundant asset, and managing the ...; Question 92: As part of the strategic alignment, you Evaluate organizatio...; Question 93: You are in the toughest phase of the portfolio life cycle du...; Question 94: Portfolio Prioritization Model is included in the Portfolio ...; Question 95: You have just finalized aggregating value from the ongoing c...; Question 96: One of your team members came to you asking about the risk "...; Question 97: As part of the portfolio communication management, multiple ...; Question 98: A portfolio manager needs to continuously balance the need a...; Question 99: A portfolio manager needs to continuously balance the need a...; Question 100: You are managing a complex portfolio with high risk levels d...; Question 101: Portfolio managers tend to use the efficient frontier analys...; Question 102: You have been assigned as the manager for a major transforma...; Question 103: A number of components proposals are on the table as a resul...; Question 104: Portfolio Governance is important in a portfolio to maintain...; Question 105: Portfolios have a lot of components in them and are executed...; Question 106: Establishing a portfolio management process starts with the ...; Question 107: Your company got recently acquired by another company and th...; Question 108: The interest, influence, and communication needs of business...; Question 109: Along the course of the portfolio, you will be recommending ...; Question 110: One of the major resources on your portfolio is needed by tw...; Question 111: During the portfolio lifecycle, components will be authorize...; Question 112: You are the manager for a governmental portfolio aiming to r...; Question 113: The portfolio undergoes a lot of changes through the portfol...; Question 114: A portfolio manager needs to continuously balance the need a...; Question 115: Managing Strategic Change is an integral part of any portfol...; Question 116: Due to market technological changes, your company got impact...; Question 117: One of the key stakeholders came to you asking you to add mo...

[×]

Download PDF File

Enter your email address to download PMI.PfMP.v2021-08-19.q117.pdf

Email:

Disclaimer:
Freecram doesn't offer Real GIAC Exam Questions. Freecram doesn't offer Real SAP Exam Questions. Freecram doesn't offer Real (ISC)² Exam Questions. Freecram doesn't offer Real CompTIA Exam Questions. Freecram doesn't offer Real Microsoft Exam Questions.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
Freecram material do not contain actual actual Oracle Exam Questions or material.
Microsoft®, Azure®, Windows®, Windows Vista®, and the Windows logo are registered trademarks of Microsoft Corporation.
Freecram Materials do not contain actual questions and answers from Cisco's Certification Exams. The brand Cisco is a registered trademark of CISCO, Inc.
CFA Institute does not endorse, promote or warrant the accuracy or quality of these questions. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Freecram does not offer exam dumps or questions from actual exams. We offer learning material and practice tests created by subject matter experts to assist and help learners prepare for those exams. All certification brands used on the website are owned by the respective brand owners. Freecram does not own or claim any ownership on any of the brands.

Question 73/117

LEAVE A REPLY

Download PDF File