vii
Preface
Based on experience in helping people to prepare for the PMP
®
and the PgMP
®
Exams, we know that you will have questions, such as “What topics are covered
on the exam?” and “What are the questions like?” Not surprisingly, some of the
most sought- after study aids are practice tests, which are helpful in two ways
(1) taking practice tests increases your knowledge of the kinds of questions,
phrases, terminology, and sentence construction that you will encounter on the
real exam; and (2) taking practice tests provides an opportunity for highly con-
centrated study by exposing you to a breadth of portfolio management content
generally not found in a single reference source.
We developed this specialty publication with one simple goal in mind—that
is, to help you study for and pass the PfMP
®
certication exam. Because the
Project Management Institute (PMI
®
) does not sell past exams for prospective cer-
tication purposes, the best option is to develop practice test questions that are
as representative as possible. And that is exactly what is in this book.
This book contains study hints, a list of exam topics, and multiple- choice
questions for each of the ve domains covered in the PfMP
®
exam, according
to the Portfolio Management Professional (PfMP
®
) Examination Content Outline
(2013). We have prepared 20 practice questions in each of these ve domains.
We have also included two 170-question representative practice tests.
As has been done in our other Exam Practice Test & Study Guide books,
we have included a plainly written rationale for each correct answer along
with a supporting reference list. Each question also shows the applicable task
from the Examination Content Outline (ECO). References are provided at the
end of this study guide for the ve domains covered in the exam: Strategic
Alignment, Governance, Portfolio Performance, Portfolio Risk Management, and
Communications Management.
Many questions are scenario based, as are those on the PfMP
®
exam. While
some are denition questions, they are often based on a situation.
For those who speak English as a second language (ESL), each question and
answer in the practice tests are written in a way that words, terms, or phrases
that could be confusing to people who are not uent in English are omitted.
Although the language issue may concern you, and rightfully so, the only dif-
ference between you and those who speak English as their rst language is
viii ◾ Preface
the amount of time it takes to complete the exam. If you can grasp the content
expressed in this publication, then we believe that a few colloquialisms or
ambiguous terms on the real exam ultimately will not determine whether you
pass or fail. Your subject matter knowledge will do that.
Earning the PfMP
®
certication is a prestigious accomplishment, but studying
for it should not be difcult if you use the tools available.
Good luck on the exam!
Dr.Ginger Levin, PMP, PgMP
Lighthouse Point, Florida
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