PFMP · Question #646
In identifying risks to then manage and control, as the portfolio manager you are consulting organizational process assets such as:
The correct answer is D. Values. In the context of the PMI Standard for Portfolio Management, organizational process assets (OPAs) used in risk identification include the organization's values-meaning its risk tolerance thresholds, risk appetite statements, and ethical/cultural standards that define what…
Question
In identifying risks to then manage and control, as the portfolio manager you are consulting organizational process assets such as:
Options
- ACommercial data bases
- BLessons learned
- CKnowledge bases
- DValues
How the community answered
(20 responses)- B10% (2)
- C5% (1)
- D85% (17)
Explanation
In the context of the PMI Standard for Portfolio Management, organizational process assets (OPAs) used in risk identification include the organization's values-meaning its risk tolerance thresholds, risk appetite statements, and ethical/cultural standards that define what constitutes an acceptable risk. These values guide how risks are identified and assessed at the portfolio level. Commercial databases (A) and knowledge bases (C) are enterprise environmental factors (EEFs), not OPAs. Lessons learned (B) are OPAs but are more applicable to risk response planning and historical analysis rather than the initial identification of what is considered a risk.
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