PFMP · Question #282
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict
The correct answer is C. Portfolio Strategic Plan update, Portfolio Process Assets updates, Portfolio Management Plan. Per PMI's Standard for Portfolio Management, the 'Develop Portfolio Management Plan' process produces the following outputs: (1) the Portfolio Management Plan itself – the primary deliverable that guides all portfolio management activities; (2) Portfolio Strategic Plan update – b
Question
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you have developed a robust Portfolio management plan. What do you expect as output of this development?
Options
- APortfolio Management Plan, Portfolio Roadmap update, Portfolio Charter update, Enterprise
- BPortfolio Management Plan, Portfolio Reports update
- CPortfolio Strategic Plan update, Portfolio Process Assets updates, Portfolio Management Plan
- DPortfolio update, Portfolio Roadmap update, Portfolio Management Plan
How the community answered
(35 responses)- A6% (2)
- B11% (4)
- C80% (28)
- D3% (1)
Explanation
Per PMI's Standard for Portfolio Management, the 'Develop Portfolio Management Plan' process produces the following outputs: (1) the Portfolio Management Plan itself – the primary deliverable that guides all portfolio management activities; (2) Portfolio Strategic Plan update – because decisions made during plan development may refine or adjust strategic objectives and direction; and (3) Portfolio Process Assets updates – organizational policies, templates, lessons learned, and historical information that are refined as the plan is developed. Options A, B, and D include outputs like Portfolio Roadmap updates, Portfolio Charter updates, or Portfolio Reports that are outputs of other processes (e.g., Define Portfolio Roadmap or Manage Portfolio Information), not this specific process.
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