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PFMP · Question #241

The portfolio steering committee has authorized the addition of two new portfolio components and the termination of one existing component. A tool or function that supports the communication process r

The correct answer is A. component categorization meeting.. A portfolio component categorization meeting is the correct tool here because it provides a structured forum specifically designed to communicate and classify changes in portfolio composition - including newly authorized additions and terminated components. When the steering comm

Portfolio Governance

Question

The portfolio steering committee has authorized the addition of two new portfolio components and the termination of one existing component. A tool or function that supports the communication process resulting from this change is a portfolio:

Options

  • Acomponent categorization meeting.
  • Bgovernance board.
  • Cmanagement information system.
  • Dresource management planning session.

How the community answered

(15 responses)
  • A
    87% (13)
  • B
    7% (1)
  • C
    7% (1)

Explanation

A portfolio component categorization meeting is the correct tool here because it provides a structured forum specifically designed to communicate and classify changes in portfolio composition - including newly authorized additions and terminated components. When the steering committee approves structural changes to the portfolio, a categorization meeting ensures that stakeholders understand how each component is classified, prioritized, and positioned within the updated portfolio. Governance boards (B) make decisions but are not primarily communication tools. A management information system (C) stores and reports data but does not facilitate the communication process for categorization changes. A resource management planning session (D) focuses on resource allocation, not on communicating portfolio composition changes.

Topics

#Portfolio Governance#Portfolio Communication#Portfolio Components#Categorization Meeting

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