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PFMP · Question #305

Portfolio Prioritization Model is included in the Portfolio management plan and guides the ongoing decisions as to which portfolio components should be added, terminated, or changed; which of the…

The correct answer is C. Contains criteria to ensure alignment to strategic goals, expected return on investment (ROI). The Prioritization Model (C) primarily contains the criteria and weighting used to evaluate, rank, and select portfolio components - including alignment to strategic goals and expected return on investment (ROI). This model ensures that decision-making about which components to…

Strategic Alignment

Question

Portfolio Prioritization Model is included in the Portfolio management plan and guides the ongoing decisions as to which portfolio components should be added, terminated, or changed; which of the following is correct regarding the Prioritization Model purpose and content?

Options

  • AAll of the options
  • BEnsures benefits are comprehensively and holistically taken into consideration
  • CContains criteria to ensure alignment to strategic goals, expected return on investment (ROI),
  • DEstablishes and tailors the decision-making rights and authorities

How the community answered

(68 responses)
  • A
    7% (5)
  • B
    4% (3)
  • C
    87% (59)
  • D
    1% (1)

Explanation

The Prioritization Model (C) primarily contains the criteria and weighting used to evaluate, rank, and select portfolio components - including alignment to strategic goals and expected return on investment (ROI). This model ensures that decision-making about which components to add, change, or terminate is based on consistent, objective criteria tied to organizational strategy. Option B (ensuring benefits are comprehensively considered) describes the Benefits Management Plan. Option D (establishing decision-making rights and authorities) describes the Governance Model or RACI matrix. Option A ('All of the options') is incorrect because B and D describe different artifacts.

Topics

#Portfolio Prioritization#Portfolio Management Plan#Strategic Alignment#ROI

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