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PFMP · Question #750

Your online ordering company wants to add a component to its portfolio that its sponsor believes will outdistance the competition, but it has risks and also will be subject to regulatory approval…

The correct answer is B. Facilitates impact analysis. The portfolio change management structure's primary function is to facilitate impact analysis so that the full effects of a proposed change on the portfolio can be understood before a decision is made.

Question

Your online ordering company wants to add a component to its portfolio that its sponsor believes will outdistance the competition, but it has risks and also will be subject to regulatory approval. The purpose is to use parachutes to deliver the merchandise ordered through small helicopters so the recipients receive their orders within three hours of the on line purchase. As the portfolio manager you recognize this component is a major change and will require resources if it is approved. You are now performing change management using a change structure that:

Options

  • ARequires a change request
  • BFacilitates impact analysis
  • CNeeds to assess dependencies
  • DRequires an update to the roadmap

How the community answered

(14 responses)
  • A
    7% (1)
  • B
    79% (11)
  • C
    14% (2)

Why each option

The portfolio change management structure's primary function is to facilitate impact analysis so that the full effects of a proposed change on the portfolio can be understood before a decision is made.

ARequires a change request

A change request is a formal document that triggers the change management process and is an input to the structure, not the purpose of the structure itself.

BFacilitates impact analysisCorrect

A portfolio change management structure provides a formal, systematic process for evaluating proposed changes, and its core function is to facilitate impact analysis - assessing how the change affects costs, resources, risks, schedules, strategic alignment, and dependencies across the entire portfolio. For a high-risk, regulatory-dependent component like the parachute delivery service, impact analysis identifies what resources are required, what existing components are affected, and what approvals are needed before the change can be authorized. The PMI Standard for Portfolio Management identifies impact analysis facilitation as the primary purpose of change management governance structures.

CNeeds to assess dependencies

Assessing dependencies is one element performed within impact analysis, not the overarching purpose of the change management structure.

DRequires an update to the roadmap

Updating the roadmap is an output that results after the change has been analyzed and approved, not the purpose of the change management structure.

Concept tested: Portfolio change management structure facilitating impact analysis

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

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