PFMP · Question #360
As part of the governance function, the governance board members are required to be present in the portfolio review meeting in order to know the status of the portfolio and be able to take decisions…
The correct answer is A. Formal and recurring governance board meetings. Portfolio governance review meetings are formal and recurring events that enable the governance board to monitor portfolio status and make ongoing decisions. They are not ad hoc or informal.
Question
As part of the governance function, the governance board members are required to be present in the portfolio review meeting in order to know the status of the portfolio and be able to take decisions on pending points. When it comes to review meetings, which of the following is valid?
Options
- AFormal and recurring governance board meetings
- BFormal and held when needed to take decisions regarding the portfolio
- CNon-recurring and informal meetings that allow the governance board to check on the portfolio's
- DMeeting between the functional managers and the governance board in order to discuss financial
How the community answered
(19 responses)- A95% (18)
- C5% (1)
Why each option
Portfolio governance review meetings are formal and recurring events that enable the governance board to monitor portfolio status and make ongoing decisions. They are not ad hoc or informal.
Portfolio governance review meetings are defined as formal, scheduled, and recurring gatherings of the governance board. Their recurring nature ensures consistent oversight, timely status visibility, and the ability to make ongoing decisions about portfolio components in a structured, accountable setting aligned with the governance framework.
Governance meetings are recurring by design - waiting until decisions are needed creates gaps in oversight and reactive rather than proactive governance.
Portfolio governance meetings are formal and structured, not non-recurring or informal - informality undermines accountability and the integrity of governance decisions.
Governance board meetings are not limited to financial discussions with functional managers - they cover all aspects of portfolio status and strategic decision-making.
Concept tested: Portfolio governance review meeting characteristics
Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management
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