Portfolio Management Professional (PfMP) — Question 31

In managing portfolio risks, which document is most useful to communicate a newly identified risk to stakeholders?

Answer options

• A. Portfolio report
• B. Status report
• C. Risk register
• D. Risk component chart

Correct answer: B

Explanation

The Status report is designed to provide updates on ongoing activities and any new developments, including risks. While the Portfolio report, Risk register, and Risk component chart contain relevant information, they are not primarily focused on current status updates, making them less effective for immediate communication of newly identified risks.