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A junior Portfolio manager has come to you for advice. She is asking about her main responsibilities as a portfolio manager in order to see if she is on the right track. What should be your advice to her?
Correct Answer: B
Explanation PMO has the responsibility to develop and maintain portfolio, program and project management frameworks and methodologies; her responsibility as a portfolio manager is to continuously review, reallocate, re-prioritize and optimize the portfolio to ensure alignment with strategic objectives, this is done by executing the portfolio management processes. Reading the standard can be an additional thing that you ask her to do but after giving her the advice, and after noting to her that the standard does not contain everything, it is only one of the references to be used.