PFMP · Question #627
Assume you work in new product development, and you believe you have identified a component that will be a breakthrough for the company. However, you performed a capacity analysis with the help of you
The correct answer is A. Resource smoothing. Resource smoothing is a scheduling technique that adjusts when activities occur-within their available float-so that resource demand does not exceed defined limits at any given time. By applying resource smoothing, the portfolio manager can demonstrate to the Portfolio Review Boa
Question
Assume you work in new product development, and you believe you have identified a component that will be a breakthrough for the company. However, you performed a capacity analysis with the help of your EPMO to assess resource availability especially in certain skill sets. You learned that key computer scientists required by this component were in short supply, yet you still believe this component should be in the portfolio. To convince the Portfolio Review Board to consider it, you decide to use:
Options
- AResource smoothing
- BBusiness value analysis
- CMarket analysis
- DOptions analysis
How the community answered
(45 responses)- A71% (32)
- B9% (4)
- C16% (7)
- D4% (2)
Explanation
Resource smoothing is a scheduling technique that adjusts when activities occur-within their available float-so that resource demand does not exceed defined limits at any given time. By applying resource smoothing, the portfolio manager can demonstrate to the Portfolio Review Board that, through careful scheduling and redistribution of the scarce computer scientists across the timeline, the component can be accommodated without exceeding capacity. This makes a concrete, data-driven case for inclusion despite the resource constraint. Option B (business value analysis) argues why the component is worth pursuing but does not address the resource limitation concern. Option C (market analysis) supports strategic justification but not the resource feasibility question. Option D (options analysis) evaluates alternative approaches but is broader and less targeted to the specific resource scheduling concern raised in the capacity analysis.
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