PFMP · Question #292
Portfolio Governance Model is developed as part of the Portfolio management plan and defines the way the organizational assets and resources are planned to be managed within the portfolio according…
The correct answer is A. Establishes and tailors the decision-making rights and authorities. The Portfolio Governance Model's primary purpose is to establish and tailor decision-making rights and authorities - defining who decides what, at what level, and with what authority within the portfolio context. Option B describes the purpose of Benefits Management, and Option…
Question
Portfolio Governance Model is developed as part of the Portfolio management plan and defines the way the organizational assets and resources are planned to be managed within the portfolio according to the specific environment of the organization. Which of the following is correct regarding the Governance Model purpose and content?
Options
- AEstablishes and tailors the decision-making rights and authorities
- BEnsures benefits are comprehensively and holistically taken into consideration
- CContains criteria to ensure alignment to strategic goals, expected return on investment (ROI),
- DAll of the options
How the community answered
(49 responses)- A88% (43)
- B8% (4)
- C2% (1)
- D2% (1)
Explanation
The Portfolio Governance Model's primary purpose is to establish and tailor decision-making rights and authorities - defining who decides what, at what level, and with what authority within the portfolio context. Option B describes the purpose of Benefits Management, and Option C describes criteria used in portfolio prioritization and selection processes. While governance touches many areas, its core function is structuring decision-making authority, not managing benefits or defining selection criteria - so 'All of the options' (D) would be incorrect.
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