PFMP · Question #446
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success
The correct answer is C. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise. Option C - Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, and Enterprise Environmental Factors - represents the complete and correct set of inputs for portfolio risk management activities. The Portfolio Management Plan provides the framework a
Question
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. You are currently in the process of identifying and analyzing risk, in addition to developing risk responses and monitoring and controlling risk. Which documents can help you achieve this?
Options
- APortfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise
- BPortfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio
- CPortfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise
- DPortfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors
How the community answered
(63 responses)- A11% (7)
- B5% (3)
- C81% (51)
- D3% (2)
Explanation
Option C - Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, and Enterprise Environmental Factors - represents the complete and correct set of inputs for portfolio risk management activities. The Portfolio Management Plan provides the framework and policies. Organizational Process Assets include templates, lessons learned, and historical data. Portfolio Process Assets are the documented outputs from previous portfolio processes. Enterprise Environmental Factors (EEFs) include internal and external conditions such as market data, regulatory requirements, and organizational culture. Option A omits Portfolio Process Assets. Option B omits Enterprise Environmental Factors. Option D omits Portfolio Process Assets. Only Option C includes all necessary inputs.
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