During one of the management meetings, an opportunity was identified. This opportunity has a huge impact on the portfolio. What is your first action as a portfolio manager?

Question

Options

• ADocument it in the benefits register
• BUpdate the portfolio management plan
• CDocument it in the risk register
• DUpdate the portfolio roadmap

• A
  4% (1)
• B
  7% (2)
• C
  85% (23)
• D
  4% (1)

Explanation

In portfolio management, opportunities are classified as positive risks and are formally documented in the risk register - not a separate register. The risk register captures both threats (negative risks) and opportunities (positive risks), enabling the portfolio manager to analyze probability, impact, and potential responses for all risk events. Documenting the opportunity in the risk register is the first action because it formally enters the opportunity into the portfolio's governance and tracking system. Updating the roadmap (D) or management plan (B) would come later, after analysis and authorization.

No community discussion yet for this question.