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PFMP · Question #433

The governance role in oversight is abundant during planning in order to agree on multiple roles and responsibilities including those of a portfolio manager. The agreements are recorded in the…

The correct answer is D. Portfolio Process Assets. Portfolio Process Assets are the organization's repository of historical records, lessons learned, templates, procedures, and documentation accumulated over time - including meeting minutes from governance sessions. When the governance body agrees on roles, responsibilities…

Governance

Question

The governance role in oversight is abundant during planning in order to agree on multiple roles and responsibilities including those of a portfolio manager. The agreements are recorded in the meeting minutes and included as updates to

Options

  • APortfolio
  • BPortfolio Management Plan
  • CPortfolio Reports
  • DPortfolio Process Assets

How the community answered

(49 responses)
  • B
    2% (1)
  • C
    4% (2)
  • D
    94% (46)

Explanation

Portfolio Process Assets are the organization's repository of historical records, lessons learned, templates, procedures, and documentation accumulated over time - including meeting minutes from governance sessions. When the governance body agrees on roles, responsibilities, and oversight procedures, those agreements are captured in meeting minutes and stored as updates to Portfolio Process Assets so they can inform future decisions and audits. The Portfolio Management Plan is a planning document, not an ongoing record of meeting outputs, making option D the correct choice.

Topics

#Portfolio Governance#Organizational Process Assets#Roles and Responsibilities#Portfolio Planning

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