nerdexam
PMI

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.

Communication Management

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)
  • A
    2% (1)
  • B
    2% (1)
  • C
    92% (61)
  • D
    5% (3)

Why each option

Portfolio Reports are the designated output used to communicate major risks, issues, and management decisions to portfolio stakeholders.

APortfolio Management Plan

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.

BPortfolio Risk Register

The Portfolio Risk Register is an internal tracking and management tool, not a stakeholder-facing reporting artifact.

CPortfolio ReportsCorrect

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.

DPortfolio Status Reports

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

Topics

#Portfolio Reporting#Stakeholder Communication#Risk and Issue Reporting

Community Discussion

No community discussion yet for this question.

Full PFMP Practice