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PFMP · Question #569

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success

The correct answer is C. Portfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise. According to the PMI Standard for Portfolio Management, the inputs to the Develop Portfolio Risk Management Plan process include: the Portfolio Management Plan (provides overall management context), Organizational Process Assets (historical data, templates, lessons learned), Port

Portfolio Risk Management

Question

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. You are currently developing the Risk Management Plan. What can you use as inputs to this process?

Options

  • APortfolio Management Plan, Organizational Process Assets, Portfolio Reports, Enterprise
  • BPortfolio Management Plan, Portfolio, Portfolio Reports, Enterprise Environmental Factors
  • CPortfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Enterprise
  • DPortfolio Management Plan, Organizational Process Assets, Portfolio Process Assets, Portfolio

How the community answered

(66 responses)
  • A
    2% (1)
  • B
    2% (1)
  • C
    94% (62)
  • D
    3% (2)

Explanation

According to the PMI Standard for Portfolio Management, the inputs to the Develop Portfolio Risk Management Plan process include: the Portfolio Management Plan (provides overall management context), Organizational Process Assets (historical data, templates, lessons learned), Portfolio Process Assets (portfolio-specific process documentation and artifacts), and Enterprise Environmental Factors (external conditions such as market, regulatory environment, and organizational culture). Option C correctly lists all four of these inputs. Options A and B incorrectly substitute 'Portfolio Reports' for 'Portfolio Process Assets,' and Option D omits Enterprise Environmental Factors.

Topics

#Portfolio Risk Management#Risk Management Plan#Process Inputs#Organizational Process Assets

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