Your portfolio is on a tight deliverables and is considered the major portfolio in your company. Stakeholders are concerned about the purpose of defining a portfolio while already having an inventory

Question

Options

• AThis process is required to optimize and balance the portfolio for performance and value delivery
• BThis process is required to produce an organized portfolio for ongoing evaluation, selection, and
• CThis process can be skipped because it will be re-done as part of the Optimize Portfolio process
• DThey are right, the process can be skipped when an inventory of work is in place

• A
  6% (3)
• B
  89% (48)
• C
  4% (2)
• D
  2% (1)

Explanation

The Define Portfolio process (B) is not redundant even when an inventory of work exists. Its purpose is to produce an organized and structured portfolio that enables ongoing evaluation, selection, and prioritization of components - transforming a raw list of work into a managed, governed portfolio aligned to strategy. An inventory of work is simply an unstructured list; it lacks the governance structure, categorization, and strategic alignment that the Define Portfolio process creates. Option A describes the Optimize Portfolio process. Option C is incorrect - Define Portfolio cannot be skipped. Option D is incorrect - having an inventory of work does not replace the need for formal portfolio definition.

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