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PFMP · Question #677

Stakeholders in your company are skeptical of the changes that will occur as portfolio management is being implemented. While some are supportive, most are not as they believe their work may be…

The correct answer is B. Portfolio charter. The stakeholder list, which identifies all parties with interest in or influence over the portfolio, is a component of the portfolio charter.

Question

Stakeholders in your company are skeptical of the changes that will occur as portfolio management is being implemented. While some are supportive, most are not as they believe their work may be terminated. As the portfolio manager, you prepared a list of stakeholders, which is included in the:

Options

  • APortfolio strategic plan
  • BPortfolio charter
  • CPortfolio performance plan
  • DPortfolio management plan

How the community answered

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

Why each option

The stakeholder list, which identifies all parties with interest in or influence over the portfolio, is a component of the portfolio charter.

APortfolio strategic plan

The portfolio strategic plan focuses on aligning the portfolio with organizational strategy and defining strategic direction; it does not serve as the repository for the stakeholder list.

BPortfolio charterCorrect

The portfolio charter is the document that formally authorizes the portfolio and the portfolio manager while establishing governance structure and key stakeholders; the stakeholder list belongs here because identifying stakeholders is a foundational step that must occur when the portfolio is initially constituted and authorized.

CPortfolio performance plan

The portfolio performance plan defines metrics, KPIs, and reporting mechanisms used to measure portfolio health, not stakeholder identification.

DPortfolio management plan

The portfolio management plan describes governance processes, roles, and procedures, but stakeholder identification is specifically associated with the charter as a foundational authorization document.

Concept tested: Stakeholder list as a portfolio charter component

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

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