PFMP · Question #137
Once a component is authorized to be added to the portfolio, which set of documents is likely to be updated initially from this decision?
The correct answer is B. Portfolio output reports and component documentation. When a portfolio component is authorized, portfolio output reports and component documentation are the initial documents updated to formally record the addition of the new component.
Question
Once a component is authorized to be added to the portfolio, which set of documents is likely to be updated initially from this decision?
Options
- APortfolio governance guidelines documentation and process assets
- BPortfolio output reports and component documentation
- CThe portfolio management plan and the risk register for components
- DThe portfolio risk matrix and process assets
How the community answered
(21 responses)- B90% (19)
- C5% (1)
- D5% (1)
Why each option
When a portfolio component is authorized, portfolio output reports and component documentation are the initial documents updated to formally record the addition of the new component.
Portfolio governance guidelines and process assets document processes and policies, not the current status of individual components, and are not typically updated simply because a new component is authorized.
Portfolio output reports must immediately reflect the current authorized state of the portfolio, and component documentation must be updated to formally establish the newly authorized component's baseline - these are the direct operational outputs of the authorization decision that communicate the change to the portfolio.
The portfolio management plan and component risk register are more comprehensive documents updated in broader planning activities, not the immediate initial documents reflecting a component authorization decision.
The portfolio risk matrix and process assets are not the primary documents immediately updated upon component authorization, as they address risk posture and organizational processes rather than current component status.
Concept tested: Document updates following portfolio component authorization
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