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106 · Question #78

Which is a portfolio definition practice?

The correct answer is C. Categorize. Categorize (C) is correct because it is explicitly one of the core practices within the Portfolio Definition performance domain in the PMI Standard for Portfolio Management. Portfolio definition involves identifying and grouping components into relevant categories (e.g., by…

Understanding the MoP Definition Cycle and its processes

Question

Which is a portfolio definition practice?

Options

  • AStrategy alignment
  • BMulti-criteria analysis
  • CCategorize
  • DBenefits management

How the community answered

(27 responses)
  • A
    4% (1)
  • C
    93% (25)
  • D
    4% (1)

Explanation

Categorize (C) is correct because it is explicitly one of the core practices within the Portfolio Definition performance domain in the PMI Standard for Portfolio Management. Portfolio definition involves identifying and grouping components into relevant categories (e.g., by business unit, risk level, or strategic objective) so they can be consistently evaluated, selected, and prioritized.

Strategy alignment (A) is a goal or outcome of portfolio management overall - it describes why you manage a portfolio - not a specific definition practice.

Multi-criteria analysis (B) is a tool or technique used during portfolio evaluation and prioritization, not a practice that belongs to the definition phase itself.

Benefits management (D) belongs to the portfolio benefits realization performance domain, which tracks and sustains value delivery after components are authorized - a separate concern from definition.

Memory tip: Remember the Portfolio Definition sequence with the mnemonic "I C E S P B A" - Identify, Categorize, Evaluate, Select, Prioritize, Balance, Authorize. "C" for Categorize is the second step, firmly inside the definition domain.

Topics

#Portfolio definition#Definition cycle practices#Portfolio categorization#MoP practices

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