nerdexam
PMIPMI

PFMP · Question #415

PFMP Question #415: Real Exam Question with Answer & Explanation

Sign in or unlock PFMP to reveal the answer and full explanation for question #415. The question stem and answer options stay visible for context.

Performance Management

Question

In a portfolio you have a continuous interaction between the portfolio and its components. The approach is top down when it comes to offering guidelines and approaches and becomes bottom up when the components report status and progress to the portfolio. Metrics are used for measuring the performance. They need to be meaningful in order to be able to provide clear and logical targets, and in order to be able to be measured. Which guideline is used in order to develop meaningful measures?

Options

  • ASpecific, Meaningful, Achievable, Reachable, Timed
  • BSpecific, Measurable, Attainable, Realistic, Time bound
  • CSpecific, Meaningful, Accurate, Reachable, Timed
  • DStrong, Meaningful, Accurate, Reachable, Timed

Unlock PFMP to see the answer

You've previewed enough free PFMP questions. Unlock PFMP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Topics

#Portfolio Performance Management#Metrics#SMART Criteria#Measurement
Full PFMP PracticeBrowse All PFMP Questions