A key role for portfolio management is to balance the use of resources following the need against the existing skill-set. One of the component managers told you that an important SME on his program is traveling and there is no replacement for her. This will cause a major delay in the program. What is your first step as a portfolio manager?

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A. Do interdependency management and see the impact Interdependency management enables the portfolio manager to identify all components that may be affected by the SME's unavailability before any action is taken. Understanding the full scope and ripple effects of the delay across the portfolio provides the information necessary to make informed, prioritized decisions about escalation or mitigation.

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B. Send a broadcast report to all components informing them of the issue Broadcasting the issue to all components before assessing interdependencies is premature and could cause unnecessary disruption and alarm across the portfolio without actionable information.

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C. Ask him to do a quick recruitment and hire someone to solve the issues Recommending immediate recruitment presupposes a solution before the full impact has been assessed and may not be the appropriate or cost-effective response.

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D. Tell him that he needs to find out a solution and that you will be ready for any assistance needed Deferring the problem back to the component manager without first conducting interdependency analysis fails the portfolio manager's responsibility to manage cross-component risks and impacts.

A key role for portfolio management is to balance the use of resources following the need against the existing skill-set. One of the component managers told you that an important SME on his program…

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