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PFMP · Question #372

You have finalized optimizing your portfolio and want to avoid any delay by directly recommending the initiation of multiple portfolio components. What do you need for starting this?

The correct answer is C. Portfolio Management Plan, Portfolio, Portfolio Reports. The Authorize Portfolio process requires only three core inputs to formally initiate portfolio components.

Strategic Alignment

Question

You have finalized optimizing your portfolio and want to avoid any delay by directly recommending the initiation of multiple portfolio components. What do you need for starting this?

Options

  • APortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets
  • BPortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio
  • CPortfolio Management Plan, Portfolio, Portfolio Reports
  • DPortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio

How the community answered

(25 responses)
  • A
    4% (1)
  • C
    92% (23)
  • D
    4% (1)

Why each option

The Authorize Portfolio process requires only three core inputs to formally initiate portfolio components.

APortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets

Portfolio Process Assets are not listed as a required input for the Authorize Portfolio process, making this combination incorrect.

BPortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio

This choice adds documents beyond the three required inputs for the Authorize Portfolio process, reflecting an incorrect understanding of this process.

CPortfolio Management Plan, Portfolio, Portfolio ReportsCorrect

Per the PMI Standard for Portfolio Management, the Authorize Portfolio process inputs are limited to the Portfolio Management Plan, the Portfolio itself, and Portfolio Reports. These three documents collectively provide the governance framework, current component state, and performance data necessary to authorize new component initiation without additional artifacts.

DPortfolio Management Plan, Portfolio, Portfolio Reports, Portfolio Process Assets, Portfolio

Like option B, this choice includes additional documents not specified as inputs for the Authorize Portfolio process in the PMI standard.

Concept tested: Authorize Portfolio process required inputs

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

Topics

#Portfolio Initiation#Portfolio Optimization#Portfolio Artifacts#Portfolio Lifecycle

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