PFMP · Question #709
Assume at this point as the portfolio manager in your mattress company, you are activating portfolio components, updating portfolio reports, and documenting the decisions made at the recent…
The correct answer is D. Authorizing the portfolio. The activities described - activating portfolio components, updating portfolio reports, and documenting decisions from the Portfolio Governance Committee - collectively represent the 'Authorize Portfolio' process. Authorization is the formal act of approving components to…
Question
Assume at this point as the portfolio manager in your mattress company, you are activating portfolio components, updating portfolio reports, and documenting the decisions made at the recent Portfolio Governance Committee meeting as the company moves into new markets. You are therefore:
Options
- ACommunicating decisions to all stakeholders
- BMaintaining a decision log from the Committee meeting
- CUpdating the portfolio strategic plan
- DAuthorizing the portfolio
How the community answered
(53 responses)- A2% (1)
- B6% (3)
- C9% (5)
- D83% (44)
Explanation
The activities described - activating portfolio components, updating portfolio reports, and documenting decisions from the Portfolio Governance Committee - collectively represent the 'Authorize Portfolio' process. Authorization is the formal act of approving components to proceed and committing resources to them, accompanied by updating records and communicating decisions. Options A (communicating decisions) and B (maintaining a decision log) are outputs or sub-tasks of the authorization process, not the overall process itself. Option C (updating the strategic plan) is a separate planning process. The combination of activating components and recording governance decisions is definitively the Authorize Portfolio process.
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