PMI PfMP Exam - Topic 3 Question 47 Discussion

Actual exam question for PMI's PfMP exam

Question #: 47
Topic #: 3

[All PfMP Questions]

You have been a successful program manager for many years in your State Department of Agriculture. During this time, you managed large programs, and some had major risks to mitigate especially in the information systems area as new software would be released that was commercially available, and you knew it would then enhance the benefits to your customers if you acquired it. You were the first in the Department to get your PfMP, and it led to a promotion to become the first portfolio manager. After a year in this position, you find managing risks and issues to be totally different because:

AYou must focus attention on external, political risks

BYou are concentrating more on long-term initiatives

CYour focus is on determining the risk tolerances of stakeholders, both internal and external

DYou emphasize strategic fitness of the portfolio

Show Suggested Answer

Suggested Answer: D

by Carlee at Nov 18, 2022, 08:21 PM

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Darell

4 months ago

Emphasizing strategic fitness is definitely a game changer.

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Bette

4 months ago

Wow, I didn't realize managing risks could change so much with a new role!

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Serina

4 months ago

Not sure about that, isn't it all about stakeholder risk tolerances?

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Jennifer

4 months ago

Totally agree! Long-term initiatives need a different approach.

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Bulah

4 months ago

I think focusing on external political risks is crucial.

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Aleisha

5 months ago

I vaguely remember discussing strategic fitness in portfolios, but I'm uncertain if that directly relates to the differences in risk management.

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Shantay

5 months ago

I feel like managing long-term initiatives could definitely shift the focus of risk management, but I can't recall if that was the main point in our last review session.

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Noel

5 months ago

I think I came across a practice question that emphasized the importance of understanding stakeholder risk tolerances, so I might lean towards option C.

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Gracia

5 months ago

I remember studying how risk management changes when moving from program to portfolio management, but I'm not sure if it's more about external risks or stakeholder tolerances.

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Brent

5 months ago

Hmm, I'm a bit unsure about this one. The DMAIC model has a lot of steps, so I'll need to review my notes carefully to determine which step the "D" represents.

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Franklyn

5 months ago

This is a good test of our understanding of the authoritative sources in tax law. I'm pretty confident the Internal Revenue Code would be considered the highest authority for tax planning purposes. The other options are important, but the Code is the foundation.

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Renay

5 months ago

I've got a strategy - I'll focus on the options that mention the Product Backlog and Sprints, since that's core to the Scrum framework.

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Flo

5 months ago

This is a good question. I think the main benefit is that business architecture helps articulate the organizational mapping and alignment, which provides a solid foundation for scoping and deploying SOA services. I'll focus on that in my answer.

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