nerdexam
PMI

PFMP · Question #53

Your company has acquired another company to expand its product line. Which document should you update to reflect the change in organizational structure?

The correct answer is B. Portfolio Management Plan. A company acquisition changes the organizational structure, which directly affects how the portfolio is managed and governed, requiring an update to the Portfolio Management Plan.

Portfolio Management Planning

Question

Your company has acquired another company to expand its product line. Which document should you update to reflect the change in organizational structure?

Options

  • APortfolio Strategic Plan
  • BPortfolio Management Plan
  • CPortfolio Charter Update
  • DPortfolio Process Assets

How the community answered

(47 responses)
  • A
    17% (8)
  • B
    72% (34)
  • C
    6% (3)
  • D
    4% (2)

Why each option

A company acquisition changes the organizational structure, which directly affects how the portfolio is managed and governed, requiring an update to the Portfolio Management Plan.

APortfolio Strategic Plan

The Portfolio Strategic Plan defines strategic goals and direction; organizational structure changes affect management processes, not strategic intent.

BPortfolio Management PlanCorrect

The Portfolio Management Plan documents how portfolio management activities will be carried out within the organizational context, including governance structures and organizational roles. When an acquisition changes the organizational structure, the Portfolio Management Plan must be updated to reflect new reporting lines, governance bodies, and management approaches resulting from the merger.

CPortfolio Charter Update

The Portfolio Charter is typically updated when the portfolio's scope, vision, or authorization changes - not solely due to internal organizational restructuring.

DPortfolio Process Assets

Portfolio Process Assets are templates, historical records, and lessons learned - not the document that reflects current organizational structure.

Concept tested: Portfolio Management Plan updates for organizational changes

Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management

Topics

#Portfolio Management Plan#Organizational Change#Portfolio Governance#Strategic Alignment

Community Discussion

No community discussion yet for this question.

Full PFMP Practice