PFMP practice question 12 of 35
You are currently in the process of allocating resources to develop component proposals, authorizing components to expend resources and to communicate portfolio decisions. What do you expect as outputs of this process?
Full set: 490 questions“Authorize Portfolio” (PMI Standard for Portfolio Management, 4th ed., Table 4-14) allocates resources, sanctions component execution, and communicates decisions. Its documented outputs are: 1) Portfolio updates, 2) Portfolio management plan updates, 3) Portfolio reports, and 4) Portfolio process assets updates. Organizational process assets are not explicitly updated in this process.
A – Omits required Portfolio Process Assets updates. B – Adds OPA updates, which are not listed outputs for Authorize Portfolio. D – The Portfolio Strategic Plan is an input, not an output, of this process.
1. PMI. The Standard for Portfolio Management, 4th ed., 2017, Table 4-14, p. 66.
2. Young, R. & Conboy, K. “PMI Portfolio Standards Review,” Int. J. Project Management, 2013, 31(6), p. 873.
3. MIT OCW, 15.783J Product Design and Development, Lecture 9 notes: portfolio authorization artefacts (slide 8).
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