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PFMP · Question #348

When you are a portfolio manager, you need to do and re-do multiple processes in order to maintain the portfolio alignment to the changing strategies. Which of the following are considered outputs to

The correct answer is B. Portfolio Strategic Plan updates, Portfolio Charter, Portfolio Process Assets updates. The Develop Portfolio Charter process outputs are the Portfolio Charter, Portfolio Strategic Plan updates, and Portfolio Process Assets updates.

Portfolio Strategic Alignment

Question

When you are a portfolio manager, you need to do and re-do multiple processes in order to maintain the portfolio alignment to the changing strategies. Which of the following are considered outputs to the Develop Charter process?

Options

  • APortfolio Strategic Plan updates, Portfolio Charter, Portfolio Roadmap Updates
  • BPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Process Assets updates
  • CPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Management Plan Updates
  • DPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Reports

How the community answered

(51 responses)
  • A
    6% (3)
  • B
    88% (45)
  • C
    4% (2)
  • D
    2% (1)

Why each option

The Develop Portfolio Charter process outputs are the Portfolio Charter, Portfolio Strategic Plan updates, and Portfolio Process Assets updates.

APortfolio Strategic Plan updates, Portfolio Charter, Portfolio Roadmap Updates

Portfolio Roadmap updates are not outputs of the Develop Charter process; the roadmap is developed and updated in other portfolio definition processes.

BPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Process Assets updatesCorrect

According to PMI's Standard for Portfolio Management, the Develop Portfolio Charter process produces three outputs: the Portfolio Charter (the primary deliverable that formally authorizes the portfolio), Portfolio Strategic Plan updates (since chartering may surface refinements to strategic alignment), and Portfolio Process Assets updates (capturing templates, lessons learned, and procedural improvements used in chartering).

CPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Management Plan Updates

Portfolio Management Plan updates are not direct outputs of the Develop Charter process; the Management Plan is a separate artifact produced through its own development process.

DPortfolio Strategic Plan updates, Portfolio Charter, Portfolio Reports

Portfolio Reports are operational outputs generated during portfolio performance management and reporting processes, not during charter development.

Concept tested: Develop Portfolio Charter process outputs

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

Topics

#Portfolio Charter#Portfolio Processes#Develop Charter Process#Portfolio Outputs

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