PFMP · Question #501
Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix.
The correct answer is B. Readiness Assessment. A Readiness Assessment evaluates whether an organization has the necessary capabilities, skills, resources, and maturity to pursue a new strategic direction. It answers both 'where are we now?' and 'what needs to be done to get ready?' - making it the appropriate tool when revisi
Question
Due to market technological changes, your company got impacted and was urged to revise its portfolios. You are currently revising your portfolio to determine the required changes in the component mix. Which of the following options helps in assessing the capability of the organization to undertake the portfolio with its new strategic direction, and what is needed to be done?
Options
- AInterdependency Analysis
- BReadiness Assessment
- CCapability and Capacity Analysis
- DGap Analysis
How the community answered
(23 responses)- A13% (3)
- B78% (18)
- C4% (1)
- D4% (1)
Explanation
A Readiness Assessment evaluates whether an organization has the necessary capabilities, skills, resources, and maturity to pursue a new strategic direction. It answers both 'where are we now?' and 'what needs to be done to get ready?' - making it the appropriate tool when revising a portfolio in response to market or technological changes. Gap Analysis (D) identifies differences between current and desired states but does not specifically assess organizational readiness to move forward. Capability and Capacity Analysis (C) focuses only on resource availability, not overall readiness. Interdependency Analysis (A) examines relationships between components, not organizational preparedness.
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