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PMI PfMP Certification is an essential credential for senior-level project management professionals who want to demonstrate their expertise in portfolio management. It is a rigorous certification that requires extensive experience and knowledge, but it is also a valuable investment in one's career and professional development.
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PMI PfMP certification provides professionals with the knowledge and skills needed to manage portfolios effectively. By earning this certification, professionals can demonstrate their ability to align portfolios with organizational strategies, manage risks, and achieve business outcomes. They can also distinguish themselves as experts in portfolio management, which can enhance their career prospects and earning potential. Moreover, organizations can benefit from having PfMP-certified professionals on their team as they can help them optimize their portfolio management practices and achieve their strategic goals.
PMI PfMP Certification Exam is a computer-based exam that consists of 170 multiple-choice questions. Candidates have four hours to complete the exam. PfMP exam is administered at PMI-approved testing centers around the world. Candidates who pass the exam earn the PMI PfMP certification, which is valid for three years. To maintain their certification, portfolio managers must earn 60 professional development units (PDUs) every three years.
NEW QUESTION # 250
One key artifact to review as the portfolio communications management plan is prepared is the:
Answer: A
NEW QUESTION # 251
In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top down when it comes to offering guidelines and approaches and becomes bottom up when the components report status and progress to the portfolio. Metrics are used for measuring the performance. They need to be meaningful in order to be able to provide clear and logical targets, and in order to be able to be measured.
Which guideline is used in order to develop meaningful measures?
Answer: C
Explanation:
Explanation
In order to develop meaningful measures, the SMART guideline is used: Specific, Measurable, Attainable, Realistic, Time bound
NEW QUESTION # 252
When managed correctly, the balanced scorecards can change the way an organization does business. Balanced scorecards keep focus on results. Which of the following are factors that can be targeted by the Balanced Scorecards method?
Answer: A
NEW QUESTION # 253
Due to strategic changes, one of the sub-portfolios in your portfolio has been decided to be canceled because it no longer meets the new market demands. What is your next step as a portfolio manager?
Answer: B
Explanation:
Explanation
The decision to terminate the sub-portfolio has been taken, thus no further analysis and assessments are needed. The portfolio manager will immediately start the termination process
NEW QUESTION # 254
During one of the review meetings, the governance board asked to know the progress with relation to benefits of one of the major programs in your portfolio; in this case you will advise the program manager to present
Answer: C
NEW QUESTION # 255
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P.S. Free 2025 PMI PfMP dumps are available on Google Drive shared by RealExamFree: https://drive.google.com/open?id=1tF4dE40yII8Wxy5uj9IgJb7MZJXuE0P4
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