PFMP · Question #19
After developing a portfolio strategic plan, you create various portfolio scenarios using different combinations of both potential components and current components, evaluating their possible…
The correct answer is A. Develop Portfolio Charter. The 'Develop Portfolio Charter' process occurs after the portfolio strategic plan is in place and involves defining the initial portfolio scope and composition. Part of this process includes scenario analysis - creating and evaluating different combinations of components…
Question
After developing a portfolio strategic plan, you create various portfolio scenarios using different combinations of both potential components and current components, evaluating their possible outcomes based on multiple assumptions? Which process are you doing?
Options
- ADevelop Portfolio Charter
- BOptimize Portfolio
- CDevelop Portfolio Roadmap
- DManage Strategic Change
How the community answered
(17 responses)- A71% (12)
- B6% (1)
- C18% (3)
- D6% (1)
Explanation
The 'Develop Portfolio Charter' process occurs after the portfolio strategic plan is in place and involves defining the initial portfolio scope and composition. Part of this process includes scenario analysis - creating and evaluating different combinations of components against strategic goals and assumptions to determine what should be formally chartered. While 'Optimize Portfolio' also involves scenario analysis, in this context the scenario work is being done during the chartering stage, immediately following strategic plan development.
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