This version of the PfMP Exam Simulator 3.0 is based on the Standard for Portfolio Management - 3rd Edition, and it contains over 780 questions. The current PfMP exam is based on the 3rd Edition of the standard (not the 4th).  Please note that the Full PfMP Exam Simulator contains over 1,700 questions and is only available through our training courses.

The Flexible Mode maximizes your agility by allowing you to take 50 questions per attempt. This way, you can practice the questions even if you have only an hour. To create a more representative experience of the actual exam, make sure you are in a quiet exam with the computer and some blank sheets of paper with pencils. Some important notes:
1. All questions (and answers) are randomized. Thus, you can likely take this exam many many times and still experience fully new questions.  We regularly add to the test bank with questions with additional questions to help professionals like you with the exam preparation.   Good luck and have fun.
2. Once you started attaining 75% or higher, you should consider using the Exam Mode (sold separately).

3. In the practice mode, there is no time limit on the quiz.

4. To prevent bots from scanning the exam, the correct answers will not be shown when the test score falls below the 60% threshold. 

 

5 Sample Questions

What is a Portfolio?

  • A. Collection of programs, projects, or operations managed as a group to achieve strategic objectives
  • B. Collection of financial reports related to a specific project or program
  • C. Collection of programs and projects aligned with strategic objectives
  • D. Collection of programs, projects, or operations managed as a group, but not necessarily to achieve tactical business objectives

Why does a Portfolio exist? (Select the best answer)

  • A. To achieve one or more organizational strategies and objectives
  • B. To organize financial planning for a given project or program
  • C. To focus on a single organizational strategy or objective
  • D. To organize various projects, programs, and operations during implementation.

How many portfolios may an organization have at any given time?

  • A. Any reasonable managed number - one or greater
  • B. Only one
  • C. Only a few
  • D. One per portfolio manager

Which of the following is NOT considered a primary activity for portfolio management? (Select the best answer)

  • A. Managing the details of programs and projects
  • B. Identifying and aligning organizational priorities
  • C. Determining a governance and performance management framework
  • D. Managing risk, communication and resources

What does portfolio management ensure? (Select the best answer)

  • A. Interrelationships among programs and projects are identified and that resources are allocated with respect to organizational priorities
  • B. Interrelationships among projects is dysfunctional and therefore resources are unnecessary
  • C. That a loose relationship among programs and projects is minimal and that resources are up the manager to decide upon
  • D. Interrelationships among programs and projects are identified with the emphasis on managing risks

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