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PFMP · Question #513

PFMP Question #513: Real Exam Question with Answer & Explanation

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Portfolio Governance

Question

You are in the toughest phase of the portfolio life cycle due to the governmental issues in your country. Yesterday night, one of the key team members quit and left the country. You have included this in the portfolio risk register while planning the portfolio because you knew that this could happen and that this key resource has family in Canada and can leave if the situation gets bad. Following this, you activated the response plan, which is to initiate a new component that will cater for reaching the deliverable in another way. However, an immediate approval is needed for initiation of this component or the end-of-month major deliverable will be delayed. To whom you should present the proposal for urgent approval?

Options

  • APortfolio Governance Board
  • BPortfolio Sponsor
  • CYou can take such decisions
  • DExecutive Management

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Topics

#Portfolio Governance#Portfolio Roles & Responsibilities#Portfolio Risk Response#Urgent Decision Making
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