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PFMP · Question #658

Assume you have been asked to prepare the portfolio management plan as you are on the staff of your company's Chief Portfolio Officer. In this plan, you will describe the different methods or…

The correct answer is C. Roadmap. The portfolio roadmap specifies the different management approaches and methods that will be applied to different types of portfolio components over time.

Question

Assume you have been asked to prepare the portfolio management plan as you are on the staff of your company's Chief Portfolio Officer. In this plan, you will describe the different methods or approaches that your company will use to manage different types of components in the portfolio as specified in the:

Options

  • AStrategic plan
  • BGovernance model
  • CRoadmap
  • DCharter

How the community answered

(26 responses)
  • A
    4% (1)
  • B
    12% (3)
  • C
    81% (21)
  • D
    4% (1)

Why each option

The portfolio roadmap specifies the different management approaches and methods that will be applied to different types of portfolio components over time.

AStrategic plan

The strategic plan defines organizational goals and objectives but does not describe specific management methods or approaches for different portfolio component types.

BGovernance model

The governance model defines decision-making authority, roles, and escalation paths, not the management methods applied to different types of components.

CRoadmapCorrect

The portfolio roadmap is a high-level strategic document that provides a chronological view of how the portfolio will evolve, including which management approaches and methodologies apply to different component types across the planning horizon. It serves as the authoritative source within the portfolio management plan for specifying how components are to be governed and managed. This makes it the correct reference document when documenting differentiated management approaches.

DCharter

The portfolio charter authorizes and defines the portfolio's scope and objectives but does not specify the management approaches for different component categories.

Concept tested: Portfolio roadmap as source for component management approaches

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

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