PFMP · Question #383
You have already created portfolio scenarios (what-if analysis) by reviewing components against prioritization criteria and using analysis techniques (e.g., options analysis, risk analysis, SWOT analy
The correct answer is D. Create a basis for decision making. After completing the what-if scenario analysis and developing prioritized portfolio scenarios, the purpose of recommending specific scenarios and components is to create a structured, evidence-based foundation for decision making. The scenario analysis and prioritization work don
Question
You have already created portfolio scenarios (what-if analysis) by reviewing components against prioritization criteria and using analysis techniques (e.g., options analysis, risk analysis, SWOT analysis, financial analysis). You now want to recommend portfolio scenario(s) and related components, based on prioritization analysis/criteri
Options
- AYou are doing this in order to
- BProvide a guiding framework to operationalize the organizational strategic goals and objectives
- CEvaluate and select viable options
- DCreate a basis for decision making
- EProvide governance with a rationale for decision making
How the community answered
(29 responses)- A7% (2)
- C17% (5)
- D72% (21)
- E3% (1)
Explanation
After completing the what-if scenario analysis and developing prioritized portfolio scenarios, the purpose of recommending specific scenarios and components is to create a structured, evidence-based foundation for decision making. The scenario analysis and prioritization work done beforehand produces comparable options; recommending from among them translates that analytical work into actionable decision inputs. Option B ('guiding framework for operationalizing goals') is the purpose of the Portfolio Strategic Plan, not scenario recommendations. Option C ('evaluate and select viable options') describes the step that precedes the recommendation - evaluation happens before the recommendation is made. Option E ('rationale for governance') is a benefit of the recommendation, but the primary purpose framed by the PMI Standard for Portfolio Management is establishing the decision-making basis.
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