PFMP · Question #516
You have been asked to be the manager for a governmental portfolio, and your starting point should be tendering a strategic plan to the board for validation and approval for continuation. Which…
The correct answer is C. Organizational strategy and objectives, inventory of work, portfolio process assets. At the start of a new portfolio, the strategic plan is developed using organizational strategy and objectives, an inventory of work, and portfolio process assets as the foundational inputs.
Question
You have been asked to be the manager for a governmental portfolio, and your starting point should be tendering a strategic plan to the board for validation and approval for continuation. Which documents/artifacts do you have debuting the portfolio that you can use to develop the strategic plan?
Options
- APrioritization analysis, portfolio process assets, portfolio roadmap
- BEEF's, portfolio component inventory, organizational process assets
- COrganizational strategy and objectives, inventory of work, portfolio process assets
- DPortfolio charter, portfolio roadmap, organizational strategy and objectives
How the community answered
(30 responses)- A3% (1)
- B3% (1)
- C93% (28)
Why each option
At the start of a new portfolio, the strategic plan is developed using organizational strategy and objectives, an inventory of work, and portfolio process assets as the foundational inputs.
Prioritization analysis and portfolio roadmap are artifacts produced later in the portfolio process, not available as inputs when the strategic plan is first being developed.
Enterprise Environmental Factors and organizational process assets are valid general inputs, but the portfolio component inventory is a more mature artifact not yet available at the very start of portfolio development.
Developing an initial portfolio strategic plan requires alignment with the organization's strategy and objectives to ensure strategic fit, an inventory of work to understand what exists and what is proposed, and portfolio process assets that provide templates, historical data, and procedures. Together these three inputs give the portfolio manager the strategic context and operational baseline needed to formulate a credible plan for board validation.
The Portfolio Charter and Portfolio Roadmap are outputs created during portfolio setup and cannot serve as inputs at the initial strategic planning stage.
Concept tested: Initial inputs for developing portfolio strategic plan
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
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