PFMP · Question #616
As the Director of Human Resources, you were pleased to be asked to join the Portfolio Steering Committee in your organization as you feel you can contribute given the scarce subject matter experts as
The correct answer is B. The budgets allocated for day-to-day activities may be impacted. When scarce subject matter experts are redirected to support a new portfolio (children's toys), the budgets allocated for day-to-day operational activities in the existing business (video games/apps) will be impacted because shared resources and funding are being reallocated. Ext
Question
As the Director of Human Resources, you were pleased to be asked to join the Portfolio Steering Committee in your organization as you feel you can contribute given the scarce subject matter experts as your company begins to enter a new market in children's toys rather than its main focus on video games and apps. Children's toys will represent a new portfolio in the company. However, while you will concentrate primarily on the resource allocation issue as you work to determine the types of projects and programs to pursue, it is important as well to recognize that:
Options
- AExternal procurements may be needed to acquire the SMEs
- BThe budgets allocated for day-to-day activities may be impacted
- CThe existing portfolio's prioritization criteria will definitely require changes
- DThe benefits from existing programs under way may not be realized
How the community answered
(48 responses)- A6% (3)
- B83% (40)
- C8% (4)
- D2% (1)
Explanation
When scarce subject matter experts are redirected to support a new portfolio (children's toys), the budgets allocated for day-to-day operational activities in the existing business (video games/apps) will be impacted because shared resources and funding are being reallocated. External procurement (A) may be one solution, not an inherent recognition. The existing portfolio's criteria (C) will not 'definitely' change-that overstates the certainty. Unrealized benefits (D) is a possible risk but not the most immediate and certain financial reality compared to budget impact on ongoing operations.
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