Portfolio Management Professional (PfMP) — Question 5

A large organization has an extensive portfolio. However, senior management is concerned that these efforts may not be completely aligned with previously agreed upon portfolio metrics, and they have expressed this concern to the portfolio management team.
The team’s response should be to:

Answer options

• A. revise the metrics to be collected from the various components and meet with the component managers to explain the resulting new processes.
• B. hold performance reviews with the managers of the active portfolio components to elicit reportable information on their status and progress.
• C. ensure at the next steering committee meeting that senior management is fully aware of all of the information already available to them.
• D. review the established performance measures with senior management to ensure that the metrics are providing the information that they require.

Correct answer: A

Explanation

The correct answer is A because revising the metrics ensures they are relevant and aligned with the organization's objectives, which addresses management's concerns directly. Options B and C do not actively resolve the misalignment issue, while D focuses on reviewing metrics without suggesting necessary revisions.