PMI PfMP Exam - Topic 6 Question 34 Discussion

Actual exam question for PMI's PfMP exam

Question #: 34
Topic #: 6

[All PfMP Questions]

You are the CIO of a real estate investment trust (REIT) that invests in apartments and condominiums in more than 50% of the states in your country. Your organization has as its goal to respond to any concerns that arise within 24 hours; for example, you want to make sure Wi-Fi sites are operational if there are any power outages, and people have soft phone service available 24/7. You are a member of the REIT's Portfolio Review Board, and as a member of the executive team in terms of portfolio risk management, you want to focus on:

AIssues with product support

BIdentifying and managing liabilities

CInteraction of component risks

DInconsistent processes

Show Suggested Answer

Suggested Answer: B

by Caprice at May 10, 2022, 03:30 AM

Limited Time Offer

25%

Off

Get Premium PfMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

William

4 months ago

Product support issues can really impact tenant satisfaction.

upvoted 0 times

...

Laurel

4 months ago

Inconsistent processes can lead to major headaches, for sure.

upvoted 0 times

...

Shayne

4 months ago

Wait, how can you respond to concerns in 24 hours? Sounds tough.

upvoted 0 times

...

Ilene

4 months ago

Totally agree, component risks can really mess things up!

upvoted 0 times

...

Lucille

4 months ago

I think managing liabilities is key for long-term success.

upvoted 0 times

...

Keneth

5 months ago

Inconsistent processes could lead to delays in response times, but I’m not sure if that’s the main focus here. I guess it depends on how we define our priorities.

upvoted 0 times

...

Louvenia

5 months ago

I practiced a similar question about product support issues last week. It feels like that could be a significant factor in maintaining tenant satisfaction.

upvoted 0 times

...

Major

5 months ago

I’m not entirely sure, but I think the interaction of component risks could be really important too. It might affect how we respond to issues.

upvoted 0 times

...

Glory

5 months ago

I remember we discussed the importance of managing liabilities in our risk management class. It seems crucial for a REIT like this.

upvoted 0 times

...

Quentin

5 months ago

This one seems straightforward - I think the answer is D, Confirm elicitation results. The question is asking about what the BA does to ensure stakeholders have a shared understanding, and that sounds like confirming the results of the elicitation process.

upvoted 0 times

...

Raymon

5 months ago

This seems like a straightforward question about improving warehouse counting efficiency. I think I'll go with option A - creating a flow that updates the warehouse counts as the worker performs the count. That seems like the most direct way to streamline the process.

upvoted 0 times

...

Rhea

5 months ago

Requiring technician sign-off could help, but I'm not sure if that directly addresses the DSO issue. I'll need to consider the other choices more carefully.

upvoted 0 times

...