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Question 66

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Question 66/117

As you grow older, you gain more experience and things that once seemed hard to assimilate, can become very easy. One junior member of your portfolio management team is confused on the relationship between the Optimize, Authorize and Provide Oversight processes. What could your advice to him be?

A. The provide portfolio oversight process may trigger the other two processes as part of the review meetings

B. The three processes are not related and are in different focus areas

C. The Optimize portfolio comes first, then authorize portfolio and finally Provide Portfolio oversight

D. The Optimize portfolio process is used to balance the portfolio so that the authorize portfolio and Provide Portfolio Oversight processes can start

Correct Answer: A

Explanation
The three mentioned processes are, similar to all processes, recurring in the portfolio life cycle and are not prerequisites to one another. As part of the review meetings, decision may be taken to initiate a component, which requires triggering the authorize portfolio process; on the other hand, decisions to add new components can be taken which requires to optimize the portfolio once again

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