Task 3 PFMP Practice Questions (Page 2)

Questions 6–10

1. 6application · easy

   A portfolio manager at a university is categorizing new project proposals. The strategic objectives are: 'Increase research output', 'Improve student experience', and 'Reduce operational costs'. Which proposal should be categorized as supporting 'Improve student experience'?

   • AA new laboratory equipment purchase for the chemistry department.
   • BAn energy efficiency upgrade to campus buildings.
   • CA new administrative system for faculty to manage grant applications.
   • DA mobile app that provides students with real-time access to grades, schedules, and campus services.
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   Which activity is part of assessing the alignment of portfolio components with organizational strategy?

   • AConducting a performance review of project team members.
   • BDeveloping the organization's mission statement.
   • CCreating a detailed project charter for each component.
   • DEvaluating each component's contribution to strategic objectives.
   Reveal Solution Discussion Select an answer first
4. 8application · medium · select all that apply

   A portfolio manager is identifying portfolio components for a new strategic objective: 'Expand into the Asian market.' Which of the following would be appropriate portfolio components to include? Select all that apply.

   • AA project to upgrade the company's internal HR system.
   • BA project to localize the company's product for Asian markets.
   • CA routine maintenance project for the company's existing website.
   • DA partnership initiative with a local distributor in a target Asian country.
   • EA market research study to understand Asian consumer preferences.
   Check answers Discussion Select an answer first
5. 9foundation · easy

   In portfolio management, which of the following is considered a portfolio component?

   • AA corporate policy
   • BA strategic objective
   • CA stakeholder
   • DA project
   Reveal Solution Discussion Select an answer first
6. 10application · medium

   A portfolio manager at a regional bank is reviewing the annual portfolio. The strategic objective is 'Expand digital banking adoption among retail customers.' The portfolio includes a mobile app upgrade, a new ATM fleet, a customer data analytics platform, and a legacy core banking system migration. Which action best assesses alignment of these components with the stated objective?

   • AAsk each component's project manager to self-report the percentage of work that supports digital adoption.
   • BScore each component against the objective using a consistent rubric that includes customer-facing digital impact, then review the scores with sponsors.
   • CCalculate the total portfolio budget and compare it to the budget allocated for the digital adoption initiative.
   • DConfirm that every component has an approved business case and an assigned project manager before including it in the portfolio.
   Reveal Solution Discussion Select an answer first