PMI Exam PfMP Topic 7 Question 56 Discussion

Actual exam question for PMI's PfMP exam

Question #: 56
Topic #: 7

Your organization has a defined portfolio management process that it has followed for three years. As the portfolio manager, you keep your various plans up to date, and because of numerous regulatory changes involving the telecom industry, it is time to review and update the risk management plan. You have several key stakeholders working with you as you realize the importance of this plan in maintaining a competitive advantage. One way you and your team are assessing the various risks that may impact the structure of the portfolio is to use:

APortfolio component charts

BPortfolio reports

CWeighted ranking and scoring techniques

DRisk metrics

Show Suggested Answer

Suggested Answer: C

by Danica at Jan 24, 2024, 04:35 AM

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Kerry

8 months ago

You know, I was also considering the risk metrics option. Quantifying the risks with clear metrics could be super helpful in communicating the importance to our key stakeholders.

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Refugia

8 months ago

Absolutely, that's the option I was leaning towards as well. Using a structured approach like that allows us to really dive deep into the different risks and their potential impacts.

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Bok

8 months ago

That's a really good point. At the end of the day, we need to be able to justify our risk management approach to the decision-makers. Risk metrics would definitely help with that.

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Rashad

8 months ago

This is a great question that really tests our understanding of portfolio management. I think the key here is to understand the different techniques we can use to assess risks in our portfolio.

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Gilberto

8 months ago

I agree. It's important to have a systematic approach to assess and manage risks in our portfolio.

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Clemencia

8 months ago

That's correct. Using weighted ranking and scoring techniques can help us prioritize and address the risks effectively.

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Stevie

8 months ago

C) Weighted ranking and scoring techniques

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