PFMP · Question #614
PFMP Question #614: Real Exam Question with Answer & Explanation
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Question
Obviously resources are more than people and include physical resources and those at the organizational level, such as the knowledge management system, helpful in portfolio management in terms of competitive intelligence. However, since most organizations operate with scarce resources, it is necessary to apply these scarce resources to support the highest ranked items in the portfolio and not to fund a proposed component unless resources are available to support it. Therefore, it is useful to determine at a collective level whether or not resources will create value greater than the cost of creating it. A portfolio report can focus on:
Options
- AAllocation of resources according to a Responsible, Accountable, Consulted, Inform (RACI) chart
- BThe need for drum resources and buffers to plan for their use at key times
- CCapability and capacity
- DCosts to acquire resources with needed knowledge, skills, and competencies
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