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PFMP · Question #171

Once a new portfolio component has been initiated, the portfolio manager should first:

The correct answer is C. update the portfolio roadmap with the start and projected end dates of the component and. Once a portfolio component is initiated, the portfolio manager's first action is to update the portfolio roadmap with the component's start and projected end dates. The roadmap is the master planning document that provides a high-level timeline and sequencing of all portfolio…

Strategic Alignment

Question

Once a new portfolio component has been initiated, the portfolio manager should first:

Options

  • Arecord the new status of the component in the change management register to inform all
  • Bset up the next gate review for the component to monitor deliverables, costs, and the schedule.
  • Cupdate the portfolio roadmap with the start and projected end dates of the component and
  • Dperform portfolio updates to reflect the status of the component and assigned resources and

How the community answered

(35 responses)
  • A
    14% (5)
  • B
    6% (2)
  • C
    74% (26)
  • D
    6% (2)

Explanation

Once a portfolio component is initiated, the portfolio manager's first action is to update the portfolio roadmap with the component's start and projected end dates. The roadmap is the master planning document that provides a high-level timeline and sequencing of all portfolio components. Updating it first ensures all stakeholders and dependent activities have an accurate picture of when this component is active and when its deliverables are expected. Recording in the change management register (A) and setting up gate reviews (B) are subsequent activities, while updating resources (D) also follows the roadmap update.

Topics

#Portfolio Component Initiation#Portfolio Roadmap Management#Strategic Alignment#Portfolio Planning

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