PFMP · Question #458
You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and deman
The correct answer is C. Trend Analysis. Trend Analysis examines historical data over time to detect recurring patterns, such as whether resource requirements have been consistently underestimated across portfolio components.
Question
You are managing a portfolio for your company and are trying to balance the tasks that will be done internally based on the availability and the ones that will be outsourced. Managing supply and demand is a recurring activity in the portfolio life cycle and results in changes in resource utilization and resource efficiency. Which of the following techniques uses historical data to determine if resource requirements have been consistently underestimated?
Options
- ALessons Learned Analysis
- BRequirements Analysis
- CTrend Analysis
- DValue Scoring & Measurement
How the community answered
(29 responses)- B3% (1)
- C93% (27)
- D3% (1)
Why each option
Trend Analysis examines historical data over time to detect recurring patterns, such as whether resource requirements have been consistently underestimated across portfolio components.
Lessons Learned Analysis captures qualitative insights from completed work and is not designed to statistically examine historical data to detect quantitative patterns like systematic estimation bias.
Requirements Analysis focuses on defining what is needed going forward and does not analyze historical data to identify whether past estimates have been consistently inaccurate.
Trend Analysis uses historical performance data to identify directional patterns by comparing past resource estimates against actual utilization across multiple periods or components. Identifying a consistent pattern of underestimation allows the portfolio manager to apply corrective adjustments to future resource planning, improving the balance between supply and demand in the portfolio.
Value Scoring and Measurement ranks and prioritizes portfolio components based on strategic value criteria and does not analyze resource estimation accuracy or utilization history.
Concept tested: Trend analysis applied to resource estimation accuracy
Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management
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