Q: 4
You have just finalized aggregating value from the ongoing components to present a consolidated report to the governance board, in addition to recommending changes to portfolio and information to enable a better decision making. You are now looking for a place to document updates including new measures, reports and processes for effective ongoing management of the portfolio value. In which of the following documents are these measures included?
Options
Discussion
Makes sense to go with A. Portfolio Management Plan updates is where those ongoing management changes and new measures get formally captured.
Option A. I saw a similar one pop up in practice and that's what it wanted.
Looks like A, since the management plan is where ongoing update measures and process changes get locked in for future value tracking.
B. not A
PMP loves their documentation, but honestly these terms are so close it gets old. A
A imo, not D. D is more about changes to portfolio components, but management plan tracks new metrics and approaches.
Its B, had something like this in a mock and picked Portfolio Process Assets.
Probably A. The Portfolio Management Plan is where you'd put those kinds of updates to track methods, new measures or processes for ongoing management. Reports (C) are more for communicating current info, but not updating the overall management approach. Not 100% sure, open to corrections.
A
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