A portfolio risk response has been successfully implemented, reducing a major risk. The portfolio manager needs to inform stakeholders. What is the most important consideration when communicating this outcome?

Share only the positive outcome, omitting any residual risk.

Only inform stakeholders who were directly affected by the risk.

Wait until the next scheduled portfolio review to share the outcome.

Provide a transparent update on the response's status and outcomes, tailored to each stakeholder group.

A portfolio risk response was implemented three months ago to reduce the likelihood of a regulatory violation. The response has consumed significant resources, but the risk level has not decreased as expected. What should the portfolio manager do?

Continue the response as planned, since it was approved by governance.

Analyze the response's effectiveness and adjust it or consider alternative responses.

Increase the response's budget to accelerate its effect.

Close the risk because the response has been implemented.

A portfolio risk response is being implemented, and the portfolio manager needs to communicate the status to stakeholders. What is the most important factor to consider?

The timing and transparency of the communication.

The number of stakeholders informed.

The length of the communication.

The format of the communication.

A portfolio manager is planning a response for a risk that could cause a project to miss a critical deadline. The portfolio has a policy that all risk responses must be documented and approved by governance. What should the portfolio manager do?

Implement the response and inform governance after the fact.

Skip documentation to save time.

Develop a response plan, document it, and submit it for governance approval before implementation.

Implement the response immediately to avoid the deadline risk, and document it later.

What is the primary purpose of executing selected risk responses in a portfolio?

To satisfy regulatory requirements for risk management

To reduce the likelihood or impact of portfolio-level risks

To eliminate the need for ongoing risk monitoring

To document risk responses for future audits

PMIPortfolio Management Professional (PfMP)

Domain 4Objective 6

Task 6 PFMP Practice Questions (Page 5)

Part of the Portfolio Risk Management domain, which accounts for 15% of the PFMP exam. PMI does not publish an official question count, but from its 240-minute exam (~95–160 total, ~14–24 in this domain), expect 2–4 from this objective — we provide 28 practice questions to prepare you well beyond it. (estimate)

28questions here

6free pages

5concepts

15%of the exam

Questions 21–25

21application · medium
A portfolio risk response has been successfully implemented, reducing a major risk. The portfolio manager needs to inform stakeholders. What is the most important consideration when communicating this outcome?
Select an answer first
22application · medium
A portfolio risk response was implemented three months ago to reduce the likelihood of a regulatory violation. The response has consumed significant resources, but the risk level has not decreased as expected. What should the portfolio manager do?
Select an answer first
23application · medium
A portfolio risk response is being implemented, and the portfolio manager needs to communicate the status to stakeholders. What is the most important factor to consider?
Select an answer first
24application · medium
A portfolio manager is planning a response for a risk that could cause a project to miss a critical deadline. The portfolio has a policy that all risk responses must be documented and approved by governance. What should the portfolio manager do?
Select an answer first
25foundation · easy
What is the primary purpose of executing selected risk responses in a portfolio?
Select an answer first

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