PfMP Exam Dumps | As part of the new strategic direction, the executive management has decided to create a portfolio for

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Question 80/117

As part of the new strategic direction, the executive management has decided to create a portfolio for the development of a new product. You have been assigned as the portfolio manager. What should you do as a first step?

A. Update the Strategic Plan

B. Update existing portfolio

C. Develop the Strategic Plan

D. Check existing portfolios, programs and projects

Correct Answer: D

Explanation
This is important to know, the first step of every portfolio is checking the inventory of work which relates to the existing portfolios, programs and projects

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