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PK0-004 · Question #754

A company is reviewing its strategic goals for several unrelated efforts. The company is considering the efforts as:

The correct answer is C. part of a portfolio. A portfolio is a collection of unrelated projects or programs grouped together and managed to meet strategic business objectives.

Project management concepts

Question

A company is reviewing its strategic goals for several unrelated efforts. The company is considering the efforts as:

Options

  • Apart of the restructuring
  • Bpart of a program
  • Cpart of a portfolio
  • Dpart of the organization

How the community answered

(48 responses)
  • A
    4% (2)
  • C
    94% (45)
  • D
    2% (1)

Why each option

A portfolio is a collection of unrelated projects or programs grouped together and managed to meet strategic business objectives.

Apart of the restructuring

Restructuring refers to an organizational change initiative, not a formal framework for grouping and managing multiple unrelated efforts strategically.

Bpart of a program

A program groups related projects that share benefits and dependencies; unrelated efforts do not meet the definition of a program.

Cpart of a portfolioCorrect

A portfolio by definition includes unrelated efforts - projects, programs, and other work - that are managed collectively to align with organizational strategy and optimize resource allocation. This is distinct from a program, which consists of related projects managed in a coordinated way for combined benefits.

Dpart of the organization

Describing efforts as 'part of the organization' is too vague and does not reflect the structured strategic grouping implied by portfolio management.

Concept tested: Portfolio vs. program vs. project classification

Source: https://www.pmi.org/learning/library/portfolio-management-overview-8836

Topics

#portfolio management#strategic goals#program vs portfolio#organizational planning

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