A portfolio management information system (PMIS) or document database is used to:

The correct answer is B. store processes, enable decisions to be made, and facilitate communication with stakeholders.. A PMIS is not merely a document repository - it is a comprehensive system that stores processes and data, supports portfolio governance and decision-making, and serves as a communication platform for stakeholders. It enables informed decisions by providing portfolio performance d

Portfolio Governance Management

Question

Options

Astore portfolio selection criteria, change management processes, and weekly status reports.
Bstore processes, enable decisions to be made, and facilitate communication with stakeholders.
Chouse portfolio management strategies, the portfolio management plan, and component health
Dprovide visibility into components that create overlapping functionality and portfolio management

How the community answered

(34 responses)

B
94% (32)
C
3% (1)
D
3% (1)

Explanation

A PMIS is not merely a document repository - it is a comprehensive system that stores processes and data, supports portfolio governance and decision-making, and serves as a communication platform for stakeholders. It enables informed decisions by providing portfolio performance data, status information, and process guidance in a centralized and accessible way. Options A, C, and D each describe only narrow subsets of what a PMIS does. Option B correctly captures the three core purposes: process storage, decision enablement, and stakeholder communication.

Topics

#Portfolio Management Information System (PMIS)#Information Management#Decision Support#Stakeholder Communication

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