A problem related to internal corruption has occurred in your company. The CEO has setup a new management team and had to do budget cuts until the situation is stabilized. Your portfolio is highly affected by this budget cut and you were obliged to cancel a few components. What is your best course of action in this case?

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C. Prioritize components and assign the available resources to them Prioritizing components and assigning available resources to them is the correct response because it applies portfolio management discipline to ensure limited resources are concentrated on components with the highest strategic value, fulfilling the portfolio manager's core obligation to optimize value delivery within imposed constraints.

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A. Cancel the components that are not performing well Canceling only non-performing components is insufficient because the decision must be based on strategic prioritization and value, not just current performance metrics, to ensure the right components survive.

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B. Do not cancel components; and request additional budget from the management Requesting additional budget directly contradicts the CEO's explicit budget cut directive, which was issued as a corrective action - ignoring this undermines organizational governance and the executive decision.

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D. Raise the issue to the sponsor so he can get you additional resources Asking the sponsor to obtain additional resources also contradicts the CEO's directive and is not feasible given that the budget cut was mandated from the highest level of the organization.

A problem related to internal corruption has occurred in your company. The CEO has setup a new management team and had to do budget cuts until the situation is stabilized. Your portfolio is highly…

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