Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

PMI Exam PfMP Topic 2 Question 58 Discussion

Actual exam question for PMI's PfMP exam
Question #: 58
Topic #: 2
[All PfMP Questions]

You want to ensure that the Portfolio Review Board is able to make key decisions at each meeting. As the portfolio manager, you and your staff are responsible for scheduling the meetings, providing the agenda, taking minutes, tracking open issues, and documenting and communicating decisions that are made to key stakeholders. Before each meeting, you feel it is a best practice to:

Show Suggested Answer Hide Answer
Suggested Answer: A

by Brandon at Mar 07, 2024, 03:25 AM

Limited Time Offer

25%

Off

Get Premium PfMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Lavera
10 months ago
I prefer providing a 'traffic light' approach to show components by category. It gives a clear visual representation of the status of each component.
upvoted 0 times
...
Elmer
10 months ago
I think using a balanced scorecard approach can help show the contribution of the portfolio to the organization's strategy.
upvoted 0 times
...
Otis
10 months ago
I believe providing information about the status of each component of the portfolio is also crucial for the board to make informed decisions.
upvoted 0 times
...
Thea
11 months ago
I agree with Art. It ensures that the decisions made are in line with the overall goals of the organization.
upvoted 0 times
...
Art
11 months ago
I think it's important to evaluate if the benefits of the portfolio are aligned with organizational strategy before each meeting.
upvoted 0 times
...
Dottie
12 months ago
I dunno, the balanced scorecard could give the board a more holistic view. But I agree, we don't want to overwhelm them with too much information either.
upvoted 0 times
...
Nadine
12 months ago
Hmm, I'm not sure about the balanced scorecard. Isn't that a bit overkill for a portfolio review meeting? I think keeping it simple with the status updates is the way to go.
upvoted 0 times
...
Helaine
12 months ago
Haha, yeah, the 'traffic light' is a bit cliche, but it can be effective. I think a balanced scorecard approach, as in option C, could also be really helpful to show how the portfolio is contributing to the organization's strategy.
upvoted 0 times
...
Van
1 years ago
Alright, let's not get too bogged down in the details here. I think the key is to make sure we're evaluating if the portfolio benefits are aligned with the organizational strategy, as in option A. That should be the foundation for everything else we present.
upvoted 0 times
Lawrence
11 months ago
Let's ensure we have all the necessary information and analysis ready.
upvoted 0 times
...
Linn
11 months ago
Preparation is key to make sure the Portfolio Review Board can make informed decisions.
upvoted 0 times
...
Winfred
11 months ago
Absolutely, we need to make sure all aspects are covered before the meetings.
upvoted 0 times
...
Ryan
11 months ago
Yeah, that could provide a clear visual representation of where things stand.
upvoted 0 times
...
Wai
11 months ago
'Traffic light' approach might be useful to categorize components effectively.
upvoted 0 times
...
Katheryn
11 months ago
Agreed, we should consider that approach as well.
upvoted 0 times
...
Yaeko
11 months ago
Using a balanced scorecard approach could also help show our contribution to the strategy.
upvoted 0 times
...
Teri
11 months ago
Definitely, we need to ensure everything is in line with the strategy.
upvoted 0 times
...
Olen
11 months ago
Providing information on the status of each component is important too.
upvoted 0 times
...
Gilberto
11 months ago
Yeah, that should be our focus before each meeting.
upvoted 0 times
...
Elena
12 months ago
Let's evaluate if the benefits of the portfolio are aligned with organizational strategy.
upvoted 0 times
...
...

Save Cancel