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PFMP · Question #287

In order to guide the work and correctly manage the portfolio, one of the major documents to be prepared is the Portfolio Management Plan acting as guideline for portfolio management. What are the too

The correct answer is A. Integration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques. According to PMI's Standard for Portfolio Management, the tools and techniques for the 'Develop Portfolio Management Plan' process are: (1) Integration of Subsidiary Plans – consolidating subsidiary management plans (communications, risk, resource, etc.) into a cohesive whole; (2

Portfolio Definition

Question

In order to guide the work and correctly manage the portfolio, one of the major documents to be prepared is the Portfolio Management Plan acting as guideline for portfolio management. What are the tools and techniques you could use while developing this plan?

Options

  • AIntegration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques
  • BCapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical
  • CCapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical
  • DWeighted Ranking and scoring techniques, Portfolio Component inventory, Categorization

How the community answered

(39 responses)
  • A
    95% (37)
  • C
    3% (1)
  • D
    3% (1)

Explanation

According to PMI's Standard for Portfolio Management, the tools and techniques for the 'Develop Portfolio Management Plan' process are: (1) Integration of Subsidiary Plans – consolidating subsidiary management plans (communications, risk, resource, etc.) into a cohesive whole; (2) Organizational Structure Analysis – understanding the org structure to define roles and responsibilities; and (3) Elicitation Techniques – using interviews, workshops, and meetings to gather input from stakeholders. Options B and C reference tools like Capability & Capacity Analysis, Weighted Ranking and Scoring, and Graphical Analytical Methods, which belong to portfolio optimization and prioritization processes. Option D references Portfolio Component Inventory and Categorization, which belong to the portfolio component identification and categorization processes.

Topics

#Portfolio Management Plan#Planning Tools#Portfolio Definition#Stakeholder Elicitation

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