PK0-004 · Question #449
A project manager is assigned a project that is part of the company's strategic objectives. Of which of the following is the project a part?
The correct answer is B. Portfolio. A portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic business objectives. When a project is directly aligned with or supports the organization's strategic goals, it belongs to a portfolio. A program is…
Question
A project manager is assigned a project that is part of the company's strategic objectives. Of which of the following is the project a part?
Options
- AProject management office
- BPortfolio
- CProgram
- DMission statement
How the community answered
(30 responses)- A3% (1)
- B87% (26)
- C3% (1)
- D7% (2)
Explanation
A portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic business objectives. When a project is directly aligned with or supports the organization's strategic goals, it belongs to a portfolio. A program is a group of related projects managed together for benefits not available individually, but it is not necessarily tied to strategic objectives in the same direct way. A PMO is an organizational structure, not a collection of work. A mission statement defines organizational purpose, not a grouping of projects.
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