PFMP · Question #321
You are currently defining a hierarchical representation of your portfolio and its components and listing the major and milestone components, including dependencies internal and external to the…
The correct answer is B. Portfolio, Portfolio Charter, Portfolio Strategic Plan. This question tests knowledge of the inputs required for the Define Portfolio process when creating a hierarchical representation of portfolio components and their dependencies.
Question
You are currently defining a hierarchical representation of your portfolio and its components and listing the major and milestone components, including dependencies internal and external to the portfolio with business units. For this you know that you will need multiple inputs. Which of the following are considered inputs in your case?
Options
- APortfolio, Portfolio Strategic Plan, Portfolio Process Assets
- BPortfolio, Portfolio Charter, Portfolio Strategic Plan
- CPortfolio, Portfolio Charter, Portfolio Management Plan
- DPortfolio, Portfolio Strategic Plan, Portfolio Management Plan
How the community answered
(26 responses)- A4% (1)
- B92% (24)
- D4% (1)
Why each option
This question tests knowledge of the inputs required for the Define Portfolio process when creating a hierarchical representation of portfolio components and their dependencies.
Portfolio Process Assets are organizational assets used in execution and planning processes, not a primary input for initially defining the portfolio hierarchy and its dependencies.
Portfolio, Portfolio Charter, and Portfolio Strategic Plan are the standard inputs for the Define Portfolio process as specified in the PMI Standard for Portfolio Management. The Portfolio Charter authorizes the portfolio and establishes high-level scope, while the Portfolio Strategic Plan provides the strategic objectives needed to structure the component hierarchy and map internal and external dependencies.
The Portfolio Management Plan is an output of planning processes developed after the portfolio is defined and is not yet available as an input at this stage.
While the Portfolio Strategic Plan is a valid input, the Portfolio Management Plan replaces the Portfolio Charter in this option, and the Charter is the correct input - not the Management Plan - during the Define Portfolio process.
Concept tested: Define Portfolio process inputs identification
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
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