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PFMP · Question #148

A portfolio stakeholder refuses to approve a minor modification request submitted by the portfolio manager, stating that approving change requests is not within the stakeholder's roles and…

The correct answer is D. Governance model. The governance model section of the portfolio management plan is where roles, decision rights, and approval authority are formally defined, making it the correct place to validate a stakeholder's claim about their responsibilities.

Portfolio Governance

Question

A portfolio stakeholder refuses to approve a minor modification request submitted by the portfolio manager, stating that approving change requests is not within the stakeholder's roles and responsibilities. In which section of the portfolio management plan should the portfolio manager look to validate this claim?

Options

  • AOptimize portfolio
  • BPortfolio oversight
  • CManaging strategic change
  • DGovernance model

How the community answered

(27 responses)
  • A
    7% (2)
  • B
    15% (4)
  • C
    4% (1)
  • D
    74% (20)

Why each option

The governance model section of the portfolio management plan is where roles, decision rights, and approval authority are formally defined, making it the correct place to validate a stakeholder's claim about their responsibilities.

AOptimize portfolio

Optimize portfolio describes the process of balancing and adjusting portfolio components and does not define stakeholder roles or approval authorities.

BPortfolio oversight

Portfolio oversight covers monitoring, reporting, and performance review processes rather than the assignment of decision-making authority to specific stakeholders.

CManaging strategic change

Managing strategic change addresses how the portfolio responds to shifts in organizational strategy, not the delineation of stakeholder roles and responsibilities.

DGovernance modelCorrect

The governance model explicitly establishes which roles hold authority for specific decisions, including approval of change requests, within the portfolio structure. Referencing this section allows the portfolio manager to objectively confirm or refute whether the stakeholder's approval authority is within or outside their defined role.

Concept tested: Governance model defines stakeholder roles and approval authority

Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management

Topics

#Portfolio Governance#Roles and Responsibilities#Change Management#Portfolio Management Plan

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