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PFMP · Question #680

Assume you recently took a seminar on portfolio management, and after you returned, you made the business case for it to the President of your consulting firm, recognizing the need to improve the…

The correct answer is D. Ask the PMO to develop and deliver the courses. When implementing portfolio management in an organization, the PMO is the most appropriate entity to develop and deliver orientation and training because it holds both the domain expertise and organizational authority.

Question

Assume you recently took a seminar on portfolio management, and after you returned, you made the business case for it to the President of your consulting firm, recognizing the need to improve the capture ratio of responses to Requests for Proposals. You have been asked to implement portfolio management and recognize that you need to develop orientation and training sessions on it so everyone in the firm realizes why it is essential to pursue. To do so, the best approach is to:

Options

  • AHave the training vendor from the seminar you attended submit a proposal to develop several
  • BDevelop the courses yourself working with the vendor's materials plus other books and standards
  • CWork with the human resources department and have an instructional design person develop the
  • DAsk the PMO to develop and deliver the courses

How the community answered

(28 responses)
  • A
    7% (2)
  • B
    4% (1)
  • C
    11% (3)
  • D
    79% (22)

Why each option

When implementing portfolio management in an organization, the PMO is the most appropriate entity to develop and deliver orientation and training because it holds both the domain expertise and organizational authority.

AHave the training vendor from the seminar you attended submit a proposal to develop several

Asking an external training vendor to develop the courses risks producing generic content that does not reflect the organization's specific context, culture, or strategic priorities.

BDevelop the courses yourself working with the vendor's materials plus other books and standards

Developing the courses independently using vendor materials and published standards is inefficient and may lack the instructional quality and organizational alignment that a dedicated internal function can provide.

CWork with the human resources department and have an instructional design person develop the

HR instructional designers can produce well-structured learning materials but typically lack the portfolio management domain expertise required to ensure technical accuracy and practical relevance.

DAsk the PMO to develop and deliver the coursesCorrect

The PMO is the internal function responsible for establishing, standardizing, and promoting project, program, and portfolio management practices across the organization; it possesses the domain knowledge, institutional credibility, and understanding of internal processes needed to develop training that is technically accurate, contextually relevant, and organizationally aligned.

Concept tested: PMO role in portfolio management training and implementation

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

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