PFMP · Question #304
As part of the periodical strategic management cycle, the portfolio management team is revising the portfolio and re-doing the strategic management part. Currently, they are assuming and evaluating di
The correct answer is B. Scenario Analysis. Scenario Analysis (B) is the technique being used. Scenario analysis involves creating and evaluating multiple hypothetical 'what-if' combinations of portfolio components to understand potential outcomes and trade-offs before making a final decision on portfolio structure. It is
Question
As part of the periodical strategic management cycle, the portfolio management team is revising the portfolio and re-doing the strategic management part. Currently, they are assuming and evaluating different combinations of components in order to come up with multiple approaches and take a decision on the portfolio structure. What is currently being performed?
Options
- ACapability and Capacity Analysis
- BScenario Analysis
- CStakeholders Analysis
- DReadiness Assessment
How the community answered
(57 responses)- A4% (2)
- B82% (47)
- C5% (3)
- D9% (5)
Explanation
Scenario Analysis (B) is the technique being used. Scenario analysis involves creating and evaluating multiple hypothetical 'what-if' combinations of portfolio components to understand potential outcomes and trade-offs before making a final decision on portfolio structure. It is a key tool in the Develop Portfolio Strategic Plan process. Capability and Capacity Analysis (A) focuses on whether the organization can support the workload. Stakeholder Analysis (C) maps stakeholder interests and influence. Readiness Assessment (D) evaluates organizational readiness for change. None of these involve comparing multiple component combination scenarios the way Scenario Analysis does.
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