PFMP · Question #736
PFMP Question #736: Real Exam Question with Answer & Explanation
The correct answer is B: Revise the portfolio management plan. See the full explanation below for the reasoning.
Question
As the portfolio manager you have worked to consider the complexities involved of the interdependencies in your programs, projects, and ongoing work. As your portfolio process has been implemented for three years, a key challenge is that senior executives tend to change priorities often even though programs and projects are being implemented. Often these programs and projects are cross-functional, and the result is your process is not coordinated. You recognize there is a need to change, and you met with the Chair of the Portfolio Review Board and have her support for a transparent approach for portfolio standards and prioritization. You should:
Options
- ARevise the balancing process
- BRevise the portfolio management plan
- CRevise the scoring model
- DSet up a standard method to communicate change
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