A portfolio manager is monitoring the portfolio's alignment with the strategy 'sustainable growth'. A project that was initially aligned is now showing signs of 'scope creep' and is consuming more resources than planned. The project's expected contribution to sustainability is also diminishing. The portfolio manager has limited time and resources for a detailed review. What is the most effective first step?

Immediately terminate the project to free up resources for better-aligned projects.

Wait for the next quarterly review to formally evaluate the project's alignment.

Increase the project's budget to help it get back on track.

Conduct a quick health check on the project's alignment and performance, and if it is significantly misaligned, recommend a full review or termination.

When evaluating a portfolio component for strategic alignment, which of the following is most important to consider?

The component's estimated cost and schedule

The component's contribution to achieving strategic objectives

The component's alignment with industry best practices

The component's popularity among stakeholders

What is the primary purpose of strategic alignment in portfolio management?

To ensure that all projects are completed within their approved budgets and schedules

To maximize the financial return of each individual project within the portfolio

To minimize the number of projects in the portfolio to reduce complexity

To ensure that the portfolio components collectively support the organization's strategic objectives

A portfolio manager is working with a CEO who has a 'growth at all costs' strategy. The portfolio includes a high-risk, high-reward project and a low-risk, steady-return project. The CEO wants to allocate all resources to the high-risk project. The portfolio manager knows this could jeopardize the entire portfolio if the project fails. What is the most appropriate action?

Terminate the low-risk project to free up all resources for the high-risk project.

Quietly allocate a small portion of resources to the low-risk project without telling the CEO.

Present a risk analysis to the CEO showing the potential impact of a single-point failure and recommend a balanced allocation.

Comply with the CEO's request because the CEO is the ultimate decision-maker.

What is the primary goal of resource allocation in portfolio management?

To allocate resources based on the size of each component

To distribute resources equally among all portfolio components

To allocate resources based on the component's historical performance

To optimize strategic outcomes by allocating resources to the most strategically important components

PMIPortfolio Management Professional (PfMP)

Domain 1Objective 6

Task 6 PFMP Practice Questions (Page 3)

Part of the Strategic Alignment domain, which accounts for 25% of the PFMP exam. PMI does not publish an official question count, but from its 240-minute exam (~95–160 total, ~24–40 in this domain), expect 3–5 from this objective — we provide 23 practice questions to prepare you well beyond it. (estimate)

23questions here

5free pages

5concepts

25%of the exam

Questions 11–15

11expert · hard
A portfolio manager is monitoring the portfolio's alignment with the strategy 'sustainable growth'. A project that was initially aligned is now showing signs of 'scope creep' and is consuming more resources than planned. The project's expected contribution to sustainability is also diminishing. The portfolio manager has limited time and resources for a detailed review. What is the most effective first step?
Select an answer first
12foundation · easy
When evaluating a portfolio component for strategic alignment, which of the following is most important to consider?
Select an answer first
13foundation · easy
What is the primary purpose of strategic alignment in portfolio management?
Select an answer first
14expert · hard
A portfolio manager is working with a CEO who has a 'growth at all costs' strategy. The portfolio includes a high-risk, high-reward project and a low-risk, steady-return project. The CEO wants to allocate all resources to the high-risk project. The portfolio manager knows this could jeopardize the entire portfolio if the project fails. What is the most appropriate action?
Select an answer first
15foundation · easy
What is the primary goal of resource allocation in portfolio management?
Select an answer first

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Task 6 PFMP Practice Questions (Page 3)

Questions 11–15

When evaluating a portfolio component for strategic alignment, which of the following is most important to consider?

What is the primary purpose of strategic alignment in portfolio management?

What is the primary goal of resource allocation in portfolio management?

Keep studying — Strategic Alignment