PFMP · Question #479
You have been managing multiple portfolios in your company for the past two decades and all deliveries were successful. A new portfolio manager is struggling and came to you for advice on the portfoli
The correct answer is B. Application Areas and Industry Focus. Per the PMI Standard for Portfolio Management, portfolio process groups (Defining, Aligning, Authorizing and Controlling) are universal and apply regardless of the industry sector, application area, or type of portfolio. A government infrastructure portfolio and a technology prod
Question
You have been managing multiple portfolios in your company for the past two decades and all deliveries were successful. A new portfolio manager is struggling and came to you for advice on the portfolio process groups. He knows that portfolio process groups are the base of portfolio management. While you explain to him about them, you told him that portfolio process groups are independent of
Options
- ABusiness and Strategic Objectives
- BApplication Areas and Industry Focus
- CBudget
- DHuman Resources
How the community answered
(20 responses)- A5% (1)
- B90% (18)
- D5% (1)
Explanation
Per the PMI Standard for Portfolio Management, portfolio process groups (Defining, Aligning, Authorizing and Controlling) are universal and apply regardless of the industry sector, application area, or type of portfolio. A government infrastructure portfolio and a technology product portfolio use the same process groups. They are NOT independent of business/strategic objectives, budget, or human resources - those directly influence and shape how portfolio processes are executed. Application Areas and Industry Focus, however, do not change which process groups are used, making B the correct answer.
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