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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.

Portfolio Governance Management

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)
  • A
    2% (1)
  • C
    93% (42)
  • D
    4% (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.

APortfolio Management Plan

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.

BPortfolio

The Portfolio is the collection of programs, projects, and operations being managed; it is not a document or repository for governance decisions.

CPortfolio ReportsCorrect

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.

DPortfolio Process Assets

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

Topics

#Portfolio Governance#Portfolio Reporting#Portfolio Review Meetings#Portfolio Information Management

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