PFMP · Question #351
Portfolio Governance is important in a portfolio to maintain correct alignment, monitor and control performance and status, reshuffle the mix of components as found necessary, etc. Governance manageme
The correct answer is B. Optimize Portfolio. Portfolio Governance Management contains specific processes defined in the PMI Standard for Portfolio Management. Optimize Portfolio is one of those governance processes.
Question
Portfolio Governance is important in a portfolio to maintain correct alignment, monitor and control performance and status, reshuffle the mix of components as found necessary, etc. Governance management includes which of the following processes?
Options
- ADevelop Portfolio Communication Plan
- BOptimize Portfolio
- CDevelop Charter
- DManage Supply & Demand
How the community answered
(66 responses)- A8% (5)
- B88% (58)
- C3% (2)
- D2% (1)
Why each option
Portfolio Governance Management contains specific processes defined in the PMI Standard for Portfolio Management. Optimize Portfolio is one of those governance processes.
Develop Portfolio Communication Plan belongs to the Portfolio Communication Management knowledge area, not Governance Management.
Optimize Portfolio is explicitly listed as a process within the Portfolio Governance Management knowledge area. It involves evaluating portfolio components to ensure the right mix aligns with strategic objectives, making it a core governance activity distinct from other knowledge areas.
Develop Charter is a project-level process from PMBOK's Project Integration Management, not a portfolio governance process.
Manage Supply and Demand is a process under Portfolio Resource Management, not Portfolio Governance Management.
Concept tested: Portfolio Governance Management process groups
Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management
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