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PFMP · Question #699

After a recent Portfolio Review Board, the portfolio was optimized, and some components were added, while others were removed. Various portfolio reports also require updates such as:

The correct answer is D. Value/benefits. The correct answer is D: Value/benefits. After portfolio optimization-where components are added, removed, or reprioritized-the portfolio's aggregate value and expected benefits profile changes. Portfolio reports must be updated to reflect the new value/benefits picture so…

Question

After a recent Portfolio Review Board, the portfolio was optimized, and some components were added, while others were removed. Various portfolio reports also require updates such as:

Options

  • AAffected organization areas
  • BHigh-level time frame
  • CBudget approvals or exceptions
  • DValue/benefits

How the community answered

(27 responses)
  • A
    4% (1)
  • B
    11% (3)
  • C
    4% (1)
  • D
    81% (22)

Explanation

The correct answer is D: Value/benefits. After portfolio optimization-where components are added, removed, or reprioritized-the portfolio's aggregate value and expected benefits profile changes. Portfolio reports must be updated to reflect the new value/benefits picture so stakeholders have an accurate view of what the optimized portfolio is expected to deliver. Options A (affected organization areas), B (high-level time frame), and C (budget approvals or exceptions) are also affected by optimization changes, but in the context of portfolio-level reporting after a Review Board decision, the value and benefits delivered by the portfolio is the primary performance narrative that must be refreshed to reflect the new composition and justify the optimization decisions made.

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