PFMP · Question #480
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a…
The correct answer is B. Portfolio Management Plan updates, Portfolio Process Assets updates. The process of developing a Portfolio Performance Management Plan produces two outputs: Portfolio Management Plan updates (the performance management plan is incorporated as a subsidiary plan within the overall Portfolio Management Plan) and Portfolio Process Assets updates…
Question
You are the manager for a governmental portfolio aiming to restructure the roads in your country. Having a tight schedule, a large number of stakeholders including the public, in addition to a strict budgeting framework, you know that you will be managing the performance closely and that the governance board and the stakeholders would want to check on the progress and performance frequently. For this you have developed a robust performance management plan. What is the expected result from developing this plan?
Options
- APortfolio Management Plan updates, Portfolio updates, Portfolio Reports, Enterprise
- BPortfolio Management Plan updates, Portfolio Process Assets updates
- CPortfolio Management Plan updates, Organizational Process Assets updates, Portfolio Process
- DPortfolio Management Plan updates, Organizational Process Assets updates, Portfolio Reports,
How the community answered
(32 responses)- A6% (2)
- B88% (28)
- C3% (1)
- D3% (1)
Explanation
The process of developing a Portfolio Performance Management Plan produces two outputs: Portfolio Management Plan updates (the performance management plan is incorporated as a subsidiary plan within the overall Portfolio Management Plan) and Portfolio Process Assets updates (performance measurement templates, reporting formats, KPI frameworks, and governance review schedules). This is a planning process, so it does not yet produce Portfolio Reports (which are outputs of monitoring/controlling processes) or Organizational Process Assets updates (which typically result from execution or closing processes). Answer B correctly limits the outputs to these two planning-stage artifacts.
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