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PFMP · Question #338

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve…

The correct answer is C. Gap Analysis, Readiness Assessment, Stakeholder Analysis. Managing strategic change in a transformation portfolio requires Gap Analysis, Readiness Assessment, and Stakeholder Analysis to evaluate the current state, organizational preparedness, and people impact of the transformation.

Strategic Alignment

Question

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You are managing the strategic change and using multiple tools and techniques. What are they?

Options

  • APrioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis
  • BScenario Analysis, Capability & Capacity Analysis
  • CGap Analysis, Readiness Assessment, Stakeholder Analysis
  • DStrategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory

How the community answered

(41 responses)
  • A
    7% (3)
  • B
    5% (2)
  • C
    71% (29)
  • D
    17% (7)

Why each option

Managing strategic change in a transformation portfolio requires Gap Analysis, Readiness Assessment, and Stakeholder Analysis to evaluate the current state, organizational preparedness, and people impact of the transformation.

APrioritization Analysis, Interdependency Analysis, Cost-Benefit Analysis

Prioritization Analysis, Interdependency Analysis, and Cost-Benefit Analysis are tools used in portfolio balancing and component selection, not specifically for managing strategic change and transformation.

BScenario Analysis, Capability & Capacity Analysis

Scenario Analysis and Capability and Capacity Analysis support planning and resource decisions but do not together address the people readiness and gap dimensions essential to strategic change management.

CGap Analysis, Readiness Assessment, Stakeholder AnalysisCorrect

Gap Analysis identifies the difference between the current state and the desired future state, Readiness Assessment evaluates whether the organization is prepared to undertake and sustain the change, and Stakeholder Analysis identifies those affected and their needs and concerns. Together, these three tools address the strategic, organizational, and human dimensions required to successfully manage a major transformation.

DStrategic Alignment Analysis, Prioritization Analysis, Portfolio Component Inventory

Strategic Alignment Analysis, Prioritization Analysis, and Portfolio Component Inventory are inputs to portfolio selection and optimization processes, not tools for driving and managing a strategic transformation initiative.

Concept tested: Tools for managing strategic change in transformation portfolio

Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management

Topics

#Strategic Change Management#Portfolio Tools & Techniques#Readiness Assessment#Stakeholder Analysis

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