PFMP · Question #760
While your organization maintains a decision register after each meeting of the Portfolio Review Board, this register only notes decisions that are made when a component is added to the portfolio or…
The correct answer is B. A portfolio process asset. A decision register that captures portfolio governance decisions - including component additions, terminations, and rejections - is a portfolio process asset. Portfolio process assets are the organizational artifacts, historical records, templates, and documented information…
Question
While your organization maintains a decision register after each meeting of the Portfolio Review Board, this register only notes decisions that are made when a component is added to the portfolio or if the Board terminates a component. If the component is terminated, the reason for the termination is not listed. Also if a proposed component is not approved, the reason is not listed. It is evident this register is lacking in its usefulness, which means it requires updating as it is:
Options
- AIn the portfolio management plan
- BA portfolio process asset
- CAn organizational process asset
- DPart of the governance model
How the community answered
(21 responses)- A5% (1)
- B76% (16)
- C14% (3)
- D5% (1)
Explanation
A decision register that captures portfolio governance decisions - including component additions, terminations, and rejections - is a portfolio process asset. Portfolio process assets are the organizational artifacts, historical records, templates, and documented information that support effective portfolio management. They include registers, logs, lessons learned, and decision histories. The register is inadequate because it omits termination reasons and rejection rationale, which reduces its usefulness for future decision-making and lessons learned. Option A (portfolio management plan) is the overarching governance document, not a register. Option C (organizational process asset) is an enterprise-level term applicable across all project/program/portfolio management - portfolio process assets are the more precise classification here. Option D (governance model) describes the framework for decision-making, not a specific artifact.
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