PFMP · Question #679
The portfolio management process ensures the components are aligned to goals. However, it is driven by:
The correct answer is C. Organizational strategy and objectives. Portfolio management is fundamentally driven by organizational strategy and objectives, which provide the directional framework that governs all portfolio decisions.
Question
The portfolio management process ensures the components are aligned to goals. However, it is driven by:
Options
- AViability
- BValue and benefits
- COrganizational strategy and objectives
- DInterdependencies and resource constraints
How the community answered
(38 responses)- A3% (1)
- B11% (4)
- C74% (28)
- D13% (5)
Why each option
Portfolio management is fundamentally driven by organizational strategy and objectives, which provide the directional framework that governs all portfolio decisions.
Viability is one evaluation criterion considered when assessing individual components, but it is not the overarching driving force behind the portfolio management process as a whole.
Value and benefits are intended outcomes that portfolio management is designed to deliver; they are results of the process, not the driver that initiates and directs it.
Portfolio management exists to ensure that the selection, prioritization, and oversight of components advances the organization's strategic goals and objectives; strategy is the initiating and governing force that determines which components belong in the portfolio and how they should be managed from authorization through benefits realization.
Interdependencies and resource constraints are execution-level considerations that shape how the portfolio is managed, not the strategic driver that defines why the portfolio exists.
Concept tested: Organizational strategy as the driver of portfolio management
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management
Community Discussion
No community discussion yet for this question.