PfMP Portfolio Governance Practice Question
A new regulation requires a change in organizational priorities. How should the portfolio manager update the governance structure?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Modify the Portfolio Governance Plan and seek committee approval for the new prioritization criteria.
Changes in strategic direction require updates to the governance framework and decision-making criteria.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Modify the Portfolio Governance Plan and seek committee approval for the new prioritization criteria.
Why this is correct
Governance plans define how decisions are made; if the environment changes, the plan must adapt.
- ✗
Issue a change request for every active component.
Why it's wrong here
This is inefficient and ignores portfolio-level governance.
- ✗
Ignore the regulation until the next annual portfolio review cycle.
Why it's wrong here
Governance must be responsive to external triggers.
- ✗
Re-authorize all components using the existing charter.
Why it's wrong here
The charter likely needs an update, not just re-authorization.
About these practice questions
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Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed August 2026 · checked against the official PMI exam blueprint
This PfMP practice question is part of Courseiva's free PMI certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PfMP exam.