Task 1 PFMP Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A portfolio manager has implemented a communication plan that includes a monthly newsletter and a project dashboard. After three months, the manager wants to assess whether the communications are meeting stakeholder needs. What is the most effective way to monitor communication effectiveness?

   • AReview the communication plan to ensure it is being followed as written.
   • BAnalyze stakeholder feedback, such as survey responses and engagement metrics, to identify areas for improvement.
   • CAsk the project sponsor if the communications are effective, as they have a broad view.
   • DCompare the number of communications sent to the number of stakeholders to ensure coverage.
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2. 12application · medium

   A portfolio manager is determining communication requirements for a portfolio that includes a project with high regulatory scrutiny. The regulatory body requires formal written updates, while the project team prefers informal daily check-ins. The sponsor wants a high-level summary monthly. What should the portfolio manager include in the communication plan?

   • AFormal written reports for all stakeholders to ensure consistency and compliance.
   • BInformal daily check-ins for all stakeholders to keep everyone updated in real-time.
   • CMonthly summaries for all stakeholders to reduce the communication burden.
   • DA mix of formal written reports for the regulator, informal daily check-ins for the team, and monthly summaries for the sponsor.
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4. 13foundation · easy

   Which of the following is a key output of the Identify Stakeholders process in portfolio management?

   • AStakeholder engagement plan
   • BCommunications management plan
   • CPortfolio management plan
   • DStakeholder register
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5. 14application · medium

   A portfolio manager has implemented a communication plan that includes a monthly newsletter. After six months, the manager wants to evaluate whether the newsletter is effective. Which metric would provide the most meaningful insight into the newsletter's effectiveness?

   • AThe number of stakeholders on the distribution list.
   • BThe percentage of stakeholders who open the newsletter and click on links to additional information.
   • CThe time it takes to produce each newsletter.
   • DThe number of newsletters sent out over the six-month period.
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6. 15application · medium

   A portfolio manager is starting a new portfolio that includes a mix of internal and external projects. The manager has identified the executive sponsors and project managers but has not yet considered external partners and regulatory agencies. What is the most likely consequence of this oversight?

   • AThe portfolio manager will save time by not having to coordinate with external parties.
   • BThe communication plan will be more efficient because it focuses on a smaller group of stakeholders.
   • CThe portfolio may face compliance issues and delays because external stakeholders' requirements are not addressed.
   • DThe portfolio will proceed smoothly because internal stakeholders are the primary decision-makers.
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