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Exam PgMP topic 1 question 71 discussion

Actual exam question from PMI's PgMP
Question #: 71
Topic #: 1
[All PgMP Questions]

An organization supports both programs and projects for various industries. What is a portfolio?

  • A. A portfolio is the total amount of funds that have been invested in programs, projects, and operations.
  • B. A portfolio describes all of the monies that are invested in the organization.
  • C. A portfolio describes the organization of related projects, programs, and operations.
  • D. A portfolio describes any project or program within one industry or application areA.
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Suggested Answer: C 🗳️

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tungdt
11 months ago
D is correct answer. An organization that operates in various industries, such as technology, healthcare, and finance, might have a portfolio for each industry. Each portfolio would include multiple programs and projects that are aimed at achieving specific strategic goals within that industry. Technology Portfolio: Program A: Development of new software products Program B: Upgrading IT infrastructure Project 1: Implementing a new CRM system Project 2: Developing a mobile application Healthcare Portfolio: Program C: Enhancing patient care services Program D: Implementing electronic health records (EHR) Project 3: Building a new clinic Project 4: Launching a telehealth service Finance Portfolio: Program E: Expanding financial services Program F: Regulatory compliance initiatives Project 5: Introducing a new financial product Project 6: Upgrading the risk management system
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Salim_7
2 years ago
Standards for Program Management 4th Edition page 7 : A portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.
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