What portfolio document sets the standards for consistent approaches to benefits management across the portfolio?

Question

Options

• APortfolio Management Framework
• BPortfolio Benefits Realization Plan
• CPortfolio Benefits Management Framework
• DPortfolio Dashboard

• A
  3% (1)
• C
  93% (27)
• D
  3% (1)

Explanation

Portfolio Benefits Management Framework (C) is correct because it is specifically the governance document that defines standardized approaches, processes, and criteria for managing benefits across the entire portfolio - ensuring consistency in how benefits are identified, planned, realized, and reviewed.

The Portfolio Management Framework (A) is broader, covering overall portfolio governance and processes, not specifically benefits management. The Portfolio Benefits Realization Plan (B) is an execution document that tracks how specific benefits will be delivered, not a standards-setting document. The Portfolio Dashboard (D) is a reporting/monitoring tool, not a standards document at all.

Memory tip: Think "Framework = Standards, Plan = Execution." When a question asks what sets the standards or defines the approach, look for a Framework document. The word "Benefits" in the name further narrows it to benefits specifically, ruling out the broader Portfolio Management Framework.

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