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PFMP · Question #374

In managing strategic change, the portfolio manager performs stakeholder analysis in order to consider the changing requirements. Which of the following options is referenced in this case to provide g

The correct answer is B. Portfolio Management Plan. The Portfolio Management Plan contains the communications management guidance needed to support successful strategic change.

Governance

Question

In managing strategic change, the portfolio manager performs stakeholder analysis in order to consider the changing requirements. Which of the following options is referenced in this case to provide guidance on the communication required to ensure successful change?

Options

  • APortfolio Strategic Plan
  • BPortfolio Management Plan
  • CPortfolio Roadmap
  • DPortfolio Charter

How the community answered

(55 responses)
  • A
    5% (3)
  • B
    89% (49)
  • C
    4% (2)
  • D
    2% (1)

Why each option

The Portfolio Management Plan contains the communications management guidance needed to support successful strategic change.

APortfolio Strategic Plan

The Portfolio Strategic Plan defines strategic goals and direction but does not contain the communication guidance needed for stakeholder change management.

BPortfolio Management PlanCorrect

The Portfolio Management Plan includes the communications management plan as a subsidiary component, which specifies the communication requirements for all stakeholders including those affected by strategic change. This plan provides explicit guidance on what information must be communicated, to whom, and how often to ensure successful transitions and maintain stakeholder alignment during change.

CPortfolio Roadmap

The Portfolio Roadmap provides a high-level timeline of components and dependencies but does not specify communication requirements for managing strategic change.

DPortfolio Charter

The Portfolio Charter authorizes the portfolio and defines its goals but does not detail the communication approaches required during change initiatives.

Concept tested: Portfolio communications management plan for strategic change

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

Topics

#Portfolio Management Plan#Communication Management#Strategic Change#Stakeholder Analysis

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