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PFMP · Question #60

During a governance meeting, a functional manager introduced a new collaboration software to improve communication. You learned that this software could raise the effectiveness of portfolio…

The correct answer is D. Portfolio process assets. A finding about a new tool that could improve portfolio communication effectiveness should be captured in Portfolio Process Assets, which store lessons learned, tools, and knowledge gained during portfolio management.

Portfolio Communication Management

Question

During a governance meeting, a functional manager introduced a new collaboration software to improve communication. You learned that this software could raise the effectiveness of portfolio communication management. Which item should you update to capture this founding?

Options

  • AOrganizational process assets
  • BPortfolio communication management plan
  • CEnterprise environmental factors
  • DPortfolio process assets

How the community answered

(21 responses)
  • A
    5% (1)
  • B
    14% (3)
  • C
    5% (1)
  • D
    76% (16)

Why each option

A finding about a new tool that could improve portfolio communication effectiveness should be captured in Portfolio Process Assets, which store lessons learned, tools, and knowledge gained during portfolio management.

AOrganizational process assets

Organizational Process Assets are owned at the organizational level and updated through formal organizational governance, not by a portfolio manager acting on a single finding.

BPortfolio communication management plan

The Portfolio Communication Management Plan would be updated only if the tool is formally adopted - a preliminary finding of potential benefit does not yet warrant a plan change.

CEnterprise environmental factors

Enterprise Environmental Factors are external or internal conditions that influence but cannot be directly controlled or updated by the portfolio team, such as market conditions and regulations.

DPortfolio process assetsCorrect

Portfolio Process Assets are artifacts, practices, and knowledge specific to the portfolio that can be used to guide future management activities. A finding about a new collaboration software's potential to improve communication is a lesson learned or new knowledge asset that belongs in Portfolio Process Assets so it can inform future planning, process updates, and tool adoption decisions within the portfolio.

Concept tested: Portfolio Process Assets for capturing lessons learned

Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management

Topics

#Portfolio Communication Management#Portfolio Process Assets#Tools and Techniques#Knowledge Management

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