CGEIT Question #259: Real Exam Question with Answer & Explanation

Question

An organization supports both programs and projects for various industries. What is a portfolio?

Options

• AA portfolio describes all of the monies that are invested in the organization.
• BA portfolio is the total amount of funds that have been invested in programs, projects, and
• CA portfolio describes any project or program within one industry or application area.
• DA portfolio describes the organization of related projects, programs, and operations.

Explanation

A portfolio describes a collection of projects, programs, sub-portfolios, and operations managed together to achieve strategic business objectives.

Common mistakes.

• A. This definition relates to financial investments, not the organizational structure of projects and programs managed to achieve strategic objectives.
• B. This choice partially focuses on funds, which is a component of portfolio management, but it doesn't define the fundamental nature of a portfolio as a collection of organizational initiatives.
• C. A portfolio is not limited to a single industry or application area; it can encompass diverse initiatives aimed at achieving overarching strategic goals across the entire enterprise.

Concept tested. Definition of a portfolio (PMI)

Reference. https://www.pmi.org/learning/library/what-is-portfolio-program-project-management-7389

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