PFMP · Question #342
You have just recommended the Portfolio Strategic Plan and Portfolio to the governance board for approval. The portfolio board members informed you that they did not find what they were looking for in
The correct answer is A. Allocation of funds for different types of initiatives. The Portfolio Strategic Plan must include the allocation of funds across different types of initiatives so governance can evaluate strategic investment alignment.
Question
You have just recommended the Portfolio Strategic Plan and Portfolio to the governance board for approval. The portfolio board members informed you that they did not find what they were looking for in the strategic plan and that it needs to be reworked. What should have been part of your Strategic Plan?
Options
- AAllocation of funds for different types of initiatives
- BList of components with their detailed information
- CTimelines and Schedules
- DGovernance Model
How the community answered
(25 responses)- A76% (19)
- B16% (4)
- C4% (1)
- D4% (1)
Why each option
The Portfolio Strategic Plan must include the allocation of funds across different types of initiatives so governance can evaluate strategic investment alignment.
The Portfolio Strategic Plan defines how organizational funding is distributed across initiative categories (e.g., growth, sustain, innovation) to align investment with strategic objectives. Without a funding allocation framework, governance boards cannot determine whether the plan properly reflects organizational priorities or supports strategic intent.
Detailed component information belongs in the portfolio component inventory or individual business cases, not the high-level Strategic Plan.
Timelines and schedules are artifacts of the Portfolio Roadmap, not the Portfolio Strategic Plan.
The Governance Model is a separate artifact typically covered in the Portfolio Management Plan, not a required section of the Portfolio Strategic Plan.
Concept tested: Portfolio Strategic Plan content and funding allocation
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
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