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PFMP · Question #394

One of the major steps for a portfolio manager is to know which components qualify to be included in the mix of components that will achieve the strategic objectives sought by the portfolio. As a prog

The correct answer is C. Weighted Ranking and scoring techniques, Portfolio Component inventory, Categorization. Selecting portfolio components requires specific tools such as weighted ranking, portfolio component inventory, and categorization techniques.

Strategic Alignment

Question

One of the major steps for a portfolio manager is to know which components qualify to be included in the mix of components that will achieve the strategic objectives sought by the portfolio. As a program manager, you will use a variety of methods to help you achieve this purpose. Which of the following are valid tools and techniques?

Options

  • ACapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical
  • BIntegration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques
  • CWeighted Ranking and scoring techniques, Portfolio Component inventory, Categorization
  • DCapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical

How the community answered

(44 responses)
  • A
    7% (3)
  • B
    2% (1)
  • C
    89% (39)
  • D
    2% (1)

Why each option

Selecting portfolio components requires specific tools such as weighted ranking, portfolio component inventory, and categorization techniques.

ACapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical

While Capability and Capacity Analysis and Weighted Ranking are valid portfolio tools, the combination presented does not accurately represent the defined set of tools and techniques for the component selection process as specified by PMI.

BIntegration of Subsidiary Plans, Organizational Structure Analysis, Elicitation techniques

Integration of Subsidiary Plans and Organizational Structure Analysis are planning and governance tools, not tools used in the component selection or optimization processes.

CWeighted Ranking and scoring techniques, Portfolio Component inventory, CategorizationCorrect

Weighted Ranking and scoring techniques, Portfolio Component inventory, and Categorization are recognized tools and techniques in the PMI Standard for Portfolio Management for the Define Portfolio process, which focuses on identifying and selecting components. These methods enable objective, criteria-based comparison of potential components against strategic objectives, ensuring the optimal mix is chosen.

DCapability & Capacity Analysis, Weighted Ranking and scoring techniques, Graphical Analytical

This choice mirrors choice A with a similar invalid combination that does not align with the PMI Standard's defined tools and techniques for component selection.

Concept tested: Portfolio component selection tools and techniques

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

Topics

#Portfolio Structuring#Component Selection#Strategic Alignment#Portfolio Tools & Techniques

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