PFMP · Question #361
You are the manager for a major industrial portfolio aiming to rebuild the vintage building in your region. Having a tight schedule, a large number of stakeholders including the public, in addition…
The correct answer is C. Portfolio Strategic Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors. According to the PMI Standard for Portfolio Management, the 'Develop Portfolio Management Plan' process uses the Portfolio Strategic Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors, and Organizational Process Assets as its primary inputs. The…
Question
You are the manager for a major industrial portfolio aiming to rebuild the vintage building in your region. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budget, you know that you will be managing the portfolio closely and that the governance board and the stakeholders would want to check on the progress and status frequently. For this you started to develop a robust Portfolio management plan. Which of the following can be used when starting this process?
Options
- APortfolio Management Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental
- BPortfolio, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors, Organizational
- CPortfolio Strategic Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors,
- DPortfolio Reports, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors,
How the community answered
(31 responses)- B6% (2)
- C90% (28)
- D3% (1)
Explanation
According to the PMI Standard for Portfolio Management, the 'Develop Portfolio Management Plan' process uses the Portfolio Strategic Plan, Portfolio Roadmap, Portfolio Charter, Enterprise Environmental Factors, and Organizational Process Assets as its primary inputs. The Portfolio Strategic Plan (not the Portfolio Management Plan itself) is what feeds into this process - it provides the strategic direction and objectives. Option A incorrectly lists 'Portfolio Management Plan' as an input (that is the output), Option B incorrectly starts with just 'Portfolio', and Option D incorrectly lists 'Portfolio Reports', which are outputs of performance reporting, not inputs to planning.
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