PfMP Exam Dumps | The Strategic Plan is an important document that is referenced throughout the portfolio life cycle. Which

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Question 81/117

The Strategic Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Strategic Plan purpose and focus?

A. Articulates the options, preferences, and factors that will be considered in a specific portfolio

B. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio

C. Identifies recipients for information associated with the portfolio management process

D. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components

Correct Answer: A

Explanation
The Strategic Plan articulates the options, preferences, and factors that will be considered in a specific portfolio that will aid the decision makers in aligning, authorizing and controlling the portfolio and its individual components with the organizational strategy, future benefit, and stakeholder expectations. It is prepared by Portfolio Manager, Governing Bodies and Key Stakeholders

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