What portfolio document provides stakeholders with an authoritative, up to date source of advice on the portfolio management practices adopted and governance arrangements?

Question

Options

• APortfolio Management Framework
• BPortfolio Strategy
• CPortfolio Delivery Plan
• DPortfolio Resource Schedule

• A
  4% (1)
• C
  89% (24)
• D
  7% (2)

Explanation

Option C (Portfolio Delivery Plan) serves as the central, living reference document that consolidates the portfolio's governance arrangements, management practices, and delivery information into one authoritative source that stakeholders can consult at any time for current, reliable guidance.

Why the distractors are wrong:

• A (Portfolio Management Framework) defines the initial high-level governance and operating model but is more of a foundational setup document rather than an ongoing, stakeholder-facing advisory source.
• B (Portfolio Strategy) focuses on direction and objectives - where the portfolio is headed - not on describing how it is managed or governed day-to-day.
• D (Portfolio Resource Schedule) is a planning and capacity tool concerned with resource allocation, not management practices or governance advice.

Memory tip: Think of the Portfolio Delivery Plan as the portfolio's "living handbook" - stakeholders go there to understand how the portfolio is being run right now. The word "Delivery" signals it is active and current, unlike the Framework (foundational) or Strategy (directional).

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