PFMP · Question #373
Your portfolio has encountered a big issue and multiple management decisions have been taken in order to re-align the portfolio with the strategic objectives. What is the tool that you use in order to
The correct answer is C. Portfolio Reports. Portfolio Reports are the designated output used to communicate major risks, issues, and management decisions to portfolio stakeholders.
Question
Your portfolio has encountered a big issue and multiple management decisions have been taken in order to re-align the portfolio with the strategic objectives. What is the tool that you use in order to report major risks and issues to stakeholders?
Options
- APortfolio Management Plan
- BPortfolio Risk Register
- CPortfolio Reports
- DPortfolio Status Reports
How the community answered
(66 responses)- A2% (1)
- B2% (1)
- C92% (61)
- D5% (3)
Why each option
Portfolio Reports are the designated output used to communicate major risks, issues, and management decisions to portfolio stakeholders.
The Portfolio Management Plan is a governance and planning document that defines how the portfolio will be managed, not a vehicle for reporting current risks and issues.
The Portfolio Risk Register is an internal tracking and management tool, not a stakeholder-facing reporting artifact.
Portfolio Reports serve as the primary communication vehicle for conveying portfolio health, major risks, issues, and management decisions to stakeholders. They aggregate information across the portfolio to provide a comprehensive view of deviations, corrective actions taken, and re-alignment activities relevant to strategic objectives.
Portfolio Status Reports are a periodic subset of Portfolio Reports focused on routine status updates rather than comprehensive risk, issue, and decision communication.
Concept tested: Portfolio stakeholder risk and issue reporting
Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management
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