PFMP · Question #550
Processes in the portfolio management layer interact with each others. For example, Manage Portfolio Information interacts with Provide Portfolio Oversight in order to store decisions made during the
The correct answer is C. Portfolio Reports. Decisions made during portfolio review meetings are stored in Portfolio Reports, which serve as the formal record of oversight outcomes and governance decisions.
Question
Processes in the portfolio management layer interact with each others. For example, Manage Portfolio Information interacts with Provide Portfolio Oversight in order to store decisions made during the portfolio review meetings. Where are these decisions stored?
Options
- APortfolio Management Plan
- BPortfolio
- CPortfolio Reports
- DPortfolio Process Assets
How the community answered
(45 responses)- A2% (1)
- C93% (42)
- D4% (2)
Why each option
Decisions made during portfolio review meetings are stored in Portfolio Reports, which serve as the formal record of oversight outcomes and governance decisions.
The Portfolio Management Plan defines how the portfolio will be managed and governed; it is a planning document and is not updated with individual meeting decisions.
The Portfolio is the collection of programs, projects, and operations being managed; it is not a document or repository for governance decisions.
Portfolio Reports are the output artifacts of the Provide Portfolio Oversight process and serve as the formal repository for decisions, recommendations, and actions arising from portfolio review meetings. The Manage Portfolio Information process interacts with Provide Portfolio Oversight to ensure these decisions are captured in the reports for traceability and future reference.
Portfolio Process Assets store historical records, templates, and lessons learned at a broader level; individual review meeting decisions are specifically captured in Portfolio Reports rather than in process assets.
Concept tested: Storage of portfolio review meeting decisions
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
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