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PFMP · Question #312

You work in a fairly small company where the PMO helps in providing oversight to support the portfolio management. In such organization, where are the PMO structure, responsibilities, and…

The correct answer is A. Portfolio Oversight section in Portfolio Management Plan. In portfolio management, the Portfolio Management Plan is the primary governing document that describes how the portfolio will be managed. It contains multiple sections, one of which is the Portfolio Oversight section. This section specifically documents oversight structures…

Governance

Question

You work in a fairly small company where the PMO helps in providing oversight to support the portfolio management. In such organization, where are the PMO structure, responsibilities, and implementation approach documented?

Options

  • APortfolio Oversight section in Portfolio Management Plan
  • BCommunication Management Plan
  • CGovernance Model section in Portfolio Management Plan
  • DStrategic Management Plan

How the community answered

(31 responses)
  • A
    94% (29)
  • B
    3% (1)
  • C
    3% (1)

Explanation

In portfolio management, the Portfolio Management Plan is the primary governing document that describes how the portfolio will be managed. It contains multiple sections, one of which is the Portfolio Oversight section. This section specifically documents oversight structures including the PMO's role, responsibilities, governance structure, and how oversight is implemented - especially relevant in smaller organizations where the PMO plays a direct oversight role. The Communication Management Plan (B) covers communication approaches only. The Governance Model section (C) in the Portfolio Management Plan addresses broader governance structures, not specifically the PMO implementation. The Strategic Management Plan (D) is an enterprise-level document focused on organizational strategy, not PMO operational details.

Topics

#Portfolio Management Plan#PMO Responsibilities#Portfolio Oversight#Documentation

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