PFMP · Question #263
A portfolio manager is working for an organization that has only loosely defined its goals and objectives. After interviewing several members of top management, the portfolio manager has a better sens
The correct answer is B. strategic plan.. Because the organization's goals are only loosely defined, the portfolio manager must first formalize those priorities in a strategic plan before alignment can be demonstrated. The strategic plan documents organizational goals, objectives, and priorities - providing the baseline
Question
A portfolio manager is working for an organization that has only loosely defined its goals and objectives. After interviewing several members of top management, the portfolio manager has a better sense of the organization's priorities. In order to show how the portfolio components align with the perceived organizational priorities, the portfolio manager should create a portfolio:
Options
- Agap analysis.
- Bstrategic plan.
- Ccharter.
- Droadmap.
How the community answered
(52 responses)- A15% (8)
- B75% (39)
- C4% (2)
- D6% (3)
Explanation
Because the organization's goals are only loosely defined, the portfolio manager must first formalize those priorities in a strategic plan before alignment can be demonstrated. The strategic plan documents organizational goals, objectives, and priorities - providing the baseline against which portfolio components can be mapped and justified. A gap analysis (A) identifies what is missing between current and desired states, but requires a defined baseline to compare against. A charter (C) authorizes the portfolio but does not define organizational strategy. A roadmap (D) shows the sequencing of portfolio components over time, but presupposes that the strategic direction is already defined. Creating the strategic plan is the prerequisite step.
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