PFMP · Question #491
The governance board has an integral part in the realization of the portfolio strategic value. In your opinion as a portfolio manager, Governance board decisions are based on
The correct answer is D. Portfolio reports. Governance board decisions rely on portfolio reports, which aggregate status, performance, and risk data into a format suitable for executive-level decision-making.
Question
The governance board has an integral part in the realization of the portfolio strategic value. In your opinion as a portfolio manager, Governance board decisions are based on
Options
- AInformation given by the portfolio manager
- BPortfolio Strategic Alignment
- CPortfolio Process Assets
- DPortfolio reports
How the community answered
(23 responses)- A9% (2)
- B4% (1)
- D87% (20)
Why each option
Governance board decisions rely on portfolio reports, which aggregate status, performance, and risk data into a format suitable for executive-level decision-making.
The portfolio manager provides context and recommendations, but the board's decisions must be grounded in formal documented reports rather than informal input alone.
Strategic alignment is a guiding principle during portfolio planning, not the direct basis for governance board decisions at the operational level.
Portfolio process assets are historical templates and lessons learned used to conduct processes, not inputs that governance boards use to make decisions.
Portfolio reports are the formal, documented output that consolidates performance metrics, risk exposure, resource utilization, and strategic alignment data. The governance board depends on these reports to make informed decisions about authorizing, adjusting, or terminating portfolio components. Without portfolio reports, the board lacks the structured evidence needed to exercise oversight.
Concept tested: Governance board decision inputs in portfolio management
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
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