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PFMP · Question #406
PFMP Question #406: Real Exam Question with Answer & Explanation
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Performance
Question
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?
Options
- ACancel the components that are not performing well
- BDo not cancel components; and request additional budget from the management
- CPrioritize components and assign the available resources to them
- DRaise the issue to the sponsor so he can get you additional resources
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Topics
#Portfolio Prioritization#Resource Allocation#Budget Management#Portfolio Optimization