PFMP · Question #577
Along the course of the portfolio, you will be monitoring and controlling the portfolio a.long with the related stakeholders and governance bodies. This is done as part of your role in portfolio…
The correct answer is B. Make Governance Decisions. The primary purpose of the 'Provide Portfolio Oversight' process is to make governance decisions. This process involves reviewing portfolio performance, assessing risks, evaluating component progress, and making decisions on continuing, changing, or terminating components - all…
Question
Along the course of the portfolio, you will be monitoring and controlling the portfolio a.long with the related stakeholders and governance bodies. This is done as part of your role in portfolio oversight. As a portfolio manager, which of the following, in your opinion, is the objective/purpose of the Provide Portfolio Oversight Process?
Options
- ABalance the portfolio for performance and value delivery
- BMake Governance Decisions
- CAllocating resources to develop component proposals or execute portfolio components
- DCreate an up-to-date list of qualified portfolio component
How the community answered
(55 responses)- A5% (3)
- B78% (43)
- C13% (7)
- D4% (2)
Explanation
The primary purpose of the 'Provide Portfolio Oversight' process is to make governance decisions. This process involves reviewing portfolio performance, assessing risks, evaluating component progress, and making decisions on continuing, changing, or terminating components - all governance functions. Option A (balancing for performance and value) describes the 'Manage Portfolio Value' process. Option C (allocating resources) relates to portfolio resource management. Option D (maintaining a list of qualified components) is an output of the portfolio component inventory process, not oversight.
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