PMI PFMP Portfolio Management Professional Practice Exam
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Official Name: PMI PFMP Portfolio Management Professional
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Start NowAbout the PMI PFMP Portfolio Management Professional Certification
The PMI PFMP Portfolio Management Professional certification is designed for professionals who oversee complex portfolios of programs and projects, ensuring strategic alignment, resource optimization, and value delivery at the enterprise level. As technology evolves and industry demands grow more complex; this credential validates your ability to apply real-world skills and knowledge using PMI tools and frameworks. Earning the certification positions you as a trusted expert, capable of solving high-impact challenges and contributing to secure, scalable, and efficient systems.
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Test Your Knowledge of PMI PFMP Portfolio Management Professional
Question #1
An executive wants to ensure that all projects align with strategic goals.
What should the portfolio manager use to validate alignment?
A) strategic objectives
B) project charter
C) risk register
D) work breakdown structure
Solution
Correct answers: A – Explanation:
Strategic objectives guide portfolio decisions. Project charters are project-level documents.
Question #2
A portfolio contains several underperforming projects.
What is the best action to optimize value?
A) terminate or reallocate resources
B) increase funding
C) delay review
D) ignore performance metrics
Solution
Correct answers: A – Explanation:
Terminating or reallocating resources improves portfolio value. Ignoring metrics is risky.
Question #3
A sponsor asks how portfolio governance differs from project governance.
What is a key distinction?
A) portfolio governance focuses on strategic alignment
B) project governance focuses on task execution
C) portfolio governance manages team roles
D) project governance sets enterprise goals
Solution
Correct answers: A – Explanation:
Portfolio governance ensures strategic alignment. Project governance manages execution.
Question #4
A portfolio manager is reviewing KPIs across programs.
Which KPI best reflects portfolio health?
A) benefits realization
B) earned value
C) team velocity
D) schedule variance
Solution
Correct answers: A – Explanation:
Benefits realization measures strategic impact. Earned value is project-specific.
Question #5
A company is launching a new product line.
Which portfolio activity supports this initiative?
A) prioritize relevant programs
B) assign tasks to developers
C) create sprint backlog
D) define test cases
Solution
Correct answers: A – Explanation:
Prioritizing programs ensures strategic focus. Tasks and sprints are project-level.
Question #6
A portfolio includes overlapping initiatives.
What should the manager do to reduce redundancy?
A) conduct portfolio rationalization
B) increase funding
C) assign more resources
D) delay execution
Solution
Correct answers: A – Explanation:
Rationalization eliminates overlap and improves efficiency.
Question #7
A stakeholder asks how risk is managed at the portfolio level.
What is the correct approach?
A) aggregate and evaluate risks across projects
B) ignore low-level risks
C) delegate all risk to PMs
D) work breakdown structure
Solution
Correct answers: A – Explanation:
Portfolio risk management aggregates risks for strategic decisions.
Question #8
A portfolio manager wants to improve transparency.
Which tool supports this goal?
A) portfolio dashboard
B) Gantt chart
C) issue log
D) team calendar
Solution
Correct answers: A – Explanation:
Strategic objectives guide portfolio decisions. Project charters are project-level documents.
Question #9
A company wants to shift its portfolio toward sustainability.
What should the manager do?
A) update selection criteria to include ESG
B) remove all non-sustainable projects
C) focus only on ROI
D) delegate decisions to PMO
Solution
Correct answers: A – Explanation:
Including ESG in selection criteria aligns with sustainability goals.
Question #10
A portfolio includes both agile and predictive projects.
How should the manager ensure consistency?
A) use a hybrid governance model
B) enforce one methodology
C) ignore agile projects
D) standardize all tools
Solution
Correct answers: A – Explanation:
Hybrid governance accommodates diverse delivery methods.
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