You have just finished the development of the Portfolio Communication Management Plan. The portfolio team is looking for portfolio value assessment, status reports, and portfolio forecast with…

The correct answer is D. Portfolio Process Assets. Portfolio Process Assets are organizational artifacts that are created, used, and maintained throughout the portfolio life cycle. They include historical information such as portfolio value assessments, status reports, forecasts, variance reports, lessons learned, and…

Performance Management

Question

You have just finished the development of the Portfolio Communication Management Plan. The portfolio team is looking for portfolio value assessment, status reports, and portfolio forecast with variance to plan. Where should they find this information?

Options

APortfolio
BNone of the options
CPortfolio Management Plan
DPortfolio Process Assets

How the community answered

(57 responses)

A
14% (8)
B
5% (3)
C
9% (5)
D
72% (41)

Explanation

Portfolio Process Assets are organizational artifacts that are created, used, and maintained throughout the portfolio life cycle. They include historical information such as portfolio value assessments, status reports, forecasts, variance reports, lessons learned, and templates. These assets serve as a repository of performance data and communication outputs. The Portfolio Management Plan (Option C) is a governing document that describes how the portfolio will be managed - it does not serve as a repository for status reports or forecasts. 'Portfolio' alone (Option A) is too vague, and Option B is incorrect.

Topics

#Portfolio Performance Management#Organizational Process Assets (OPA)#Portfolio Reporting#Information Management

Community Discussion

No community discussion yet for this question.

Full PFMP Practice