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PFMP EXAM |GUARANTEED ACCURATE ANSWERS

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Aligning Processes [Process Group] - ACCURATE ANSWERS A Process Group to optimize the portfolio and manage strategic change, supply and demand, portfolio value, portfolio information, and portfolio risks. Authorization - ACCURATE ANSWERS The process of approving, funding, and communicating the a...

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  • November 21, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • pfmp
  • PfMP
  • PfMP
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EXAMLINKS
PFMP EXAM 2024\2025 |
GUARANTEED ACCURATE
ANSWERS

Aligning Processes [Process Group] - ACCURATE ANSWERS✔✔ A
Process Group to optimize the portfolio and manage strategic change,
supply and demand, portfolio value, portfolio information, and portfolio
risks.


Authorization - ACCURATE ANSWERS✔✔ The process of approving,
funding, and communicating the authorization for initiating work on a
component included in a "balanced portfolio."


Authorize Portfolio [Process] - ACCURATE ANSWERS✔✔ Process of
allocating resources to execute selected portfolio components and to
formally communicate portfolio-balancing decisions.


Authorizing and Controlling Processes [Process Group] - ACCURATE
ANSWERS✔✔ A Process Group to authorize portfolio components and
provide ongoing portfolio oversight.


Benefit Realization Analysis [Technique] - ACCURATE ANSWERS✔✔
A technique to analyze portfolio component achievement of planned
benefits.

,Capability and Capacity Analysis [Technique] - ACCURATE
ANSWERS✔✔ A technique performed to understand the human,
financial, and asset capacity and capability of the organization in order
to select, fund, and execute portfolio components.


Categorization of Components [Technique] - ACCURATE
ANSWERS✔✔ A technique to group portfolio components based on
criteria.


Category - ACCURATE ANSWERS✔✔ A predetermined key
description used to group potential and authorized components to
facilitate further decision making. Categories are linked to components
with a common set of strategic goals.


Communication Methods [Tool] - ACCURATE ANSWERS✔✔ Tools
that share and distribute information among portfolio stakeholders, such
as email, video conferencing, web portals, etc.


Communication Requirements Analysis [Technique] - ACCURATE
ANSWERS✔✔ A technique to determine the information needs of
portfolio stakeholders and define the information type and format for
delivery to stakeholders.


Component [Portfolio] - ACCURATE ANSWERS✔✔ A discrete
element of a portfolio that is a program, project, or other work.

, Component Proposal - ACCURATE ANSWERS✔✔ A recommendation
or plan, business case, or feasibility study, developed by stakeholders or
sponsors, to introduce or change a portfolio component or components.


Cost/Benefit Analysis [Technique] - ACCURATE ANSWERS✔✔ A
technique that weighs expected costs against expected financial and
nonfinancial benefits (value) to determine the best (according to relevant
criteria) course of action.


Define Portfolio [Process] - ACCURATE ANSWERS✔✔ Process of
creating an up-to-date list of qualified components and organizing them
into relevant business groups to which a common set of decision filters
and criteria can be applied for evaluation, selection, prioritization, and
balancing.


Define Portfolio Roadmap [Process] - ACCURATE ANSWERS✔✔
Process of defining the high-level portfolio components, multi-year
milestones, and interdependencies.


Defining Processes [Process Group] - ACCURATE ANSWERS✔✔ A
Process Group to develop the portfolio strategic plan, charter, and the
portfolio management plan and to define the portfolio and portfolio
roadmap.


Develop Portfolio Charter [Process] - ACCURATE ANSWERS✔✔
Process of developing the Portfolio Charter to authorize the portfolio
manager to develop portfolio management processes that supports the
portfolio.

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