PfMP: Portfolio Management Professional Stakeholders Practice Questions
The free PfMP: Portfolio Management Professional questions that deal with stakeholders, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #1
You are the manager for a major industrial portfolio aiming to rebuild the vintage building in your region. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budget, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you started to develop a robust Portfolio management plan. Which of the following can be used when starting this process?
Correct answer: C
Explanation
Inputs to Develop Portfolio Management Plan are the portfolio strategic plan, portfolio charter, portfolio roadmap, EEFs, OPAs, and portfolio process assets; the management plan itself is the output, not an input.
Question #9
A recent development in the market gave your competitors a leading edge. Your company's CEO and executive members want to focus on new developments and gain the market leadership once again. You wanted to show the new structure to the Portfolio stakeholders and strategies have changed. As a portfolio manager, your best course of action is to perform a
Correct answer: C
Explanation
Gap analysis compares the current portfolio structure and capability against the new strategy, showing stakeholders exactly what must change to regain market leadership.
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