You are managing a large portfolio and are approaching to a major checkpoint. As a portfolio manager, you are now collecting information and reports from various components for aggregation and…

The correct answer is A. Elicitation. Elicitation is an information-gathering technique used to draw out and collect data, status reports, and performance information from various sources - including component managers and teams. In the context of the 'Manage Portfolio Information' process, elicitation methods…

Performance Management

Question

You are managing a large portfolio and are approaching to a major checkpoint. As a portfolio manager, you are now collecting information and reports from various components for aggregation and presentation. What method/tool can you use to support you in this process?

Options

AElicitation
BPMIS
CManage Portfolio Information
DCommunication methods

How the community answered

(38 responses)

A
82% (31)
B
3% (1)
C
5% (2)
D
11% (4)

Explanation

Elicitation is an information-gathering technique used to draw out and collect data, status reports, and performance information from various sources - including component managers and teams. In the context of the 'Manage Portfolio Information' process, elicitation methods (such as interviews, meetings, surveys, and workshops) are used to aggregate information from components for reporting and presentation at major checkpoints. PMIS (B) is a system for storing and distributing portfolio information, not for actively collecting it from sources. 'Manage Portfolio Information' (C) is the process itself, not a tool. 'Communication methods' (D) are broader channels for sharing information, not specifically for collection and aggregation.

Topics

#Portfolio Performance Management#Elicitation Techniques#Information Collection#Portfolio Reporting

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