A bank ' s PMO is responsible for project management governance and for supporting project...

PMI PMI-PMOCP Question Answer

A bank ' s PMO is responsible for project management governance and for supporting project managers across the organization. The bank is revising its strategic plan to respond to competitors ' changes. The revised plan will affect the PMO governance structure and most of the bank ' s projects. The PMO professional has been tasked with preparing the organization for the strategic changes.

What should the PMO professional do?

Recommend which projects should be canceled, based solely on the projects ' budgets, before the strategic plan revision is complete.

Call an urgent meeting with all the bank ' s project managers and sponsors and update the project charters before the strategic plan is revised.

Ensure that any changes from the strategic levels remain confidential for as long as possible to avoid creating panic in the organization.

Transmit changes from the strategic levels and identify projects that might need to reconsider budget, schedule, risks, and other factors.

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Vendor: PMI
Product: PMI-PMOCP
Update on: Jul 6, 2026
Questions: 125

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