254 ◾ PfMP® Exam Practice Tests and Study Guide
157. Assume your 500-person consulting company has taken time to develop
and maintain competency proles for each staff members. It also has set
up resource pools based on job title and uses earned value management.
Your company recently won two major contracts, and you were the proposal
manager for both of them. As you assess resource requirements:
a. You need to use external consultants for some of the work as staff are
allocated on other projects
b. Reports on resource availability should be useful
c. Your rst step is to review the staff competency proles
d. You need to see if any projects recently have been completed
158. Implementing portfolio management is a culture change and takes time to
do so effectively. However, it is necessary to describe how the portfolio will
deliver value to the organization, which is stated in the:
a. Portfolio performance plan
b. Key performance indicators
c. Portfolio benets realization plan
d. Portfolio charter
159. Assume you are putting together for the Portfolio Review Board several
options for consideration of potential components and current components.
You are using an approach with different probabilities to determine out-
comes and EMV. Which of the following would you recommend realizing
Components A and B are new, while C and D are in progress?
Probability
Component A Component B Component C Component D
Outcome EMV Outcome EMV Outcome EMV Outcome EMV
1 60% $15,000 $9,000 $13,000 $7,800 $20,000 $12,000 $12,000 $7,200
2 25% $17,000 $4,250 $15,000 $3,750 $12,000 $3,000 $10,000 $2,500
3 15% $20,000 $3,000 $15,000 $2,250 $10,000 $1,500 $8,000 $1,200
a. Component A
b. Component B
c. Component C
d. Component D