An organization supports both programs and projects for various industries. What is a portfolio?

The correct answer is A. A portfolio describes the organization of related projects, programs, and operations.. According to PMI's standard definitions, a portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives. It organizes related work regardless of industry or application area. Option B confuses portfolio

Strategic Program Management

Question

Options

AA portfolio describes the organization of related projects, programs, and operations.
BA portfolio is the total amount of funds that have been invested in programs, projects, and
CA portfolio describes all of the monies that are invested in the organization.
DA portfolio describes any project or program within one industry or application area.

How the community answered

(17 responses)

A
94% (16)
C
6% (1)

Explanation

According to PMI's standard definitions, a portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives. It organizes related work regardless of industry or application area. Option B confuses portfolio with a financial budget, Option C describes general organizational finances, and Option D incorrectly limits a portfolio to a single industry - portfolios can span multiple industries.

Topics

#Portfolio Management#Program Management Fundamentals#Organizational Strategy#PMI Terminology

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