PFMP · Question #634
After the second shutdown of the Government, your Agency Administrator realized that some essential programs had to continue even during the shutdown, some existing work along with some programs and…
The correct answer is B. Need to revise the portfolio mix. The government shutdown scenario illustrates the need to revise the portfolio mix. The Administrator identified that: some programs must continue (essential), some work and pipeline items are no longer needed (candidates for removal), and resources require reallocation. This is…
Question
After the second shutdown of the Government, your Agency Administrator realized that some essential programs had to continue even during the shutdown, some existing work along with some programs and projects in the pipeline perhaps were not needed, and resources may require reallocation. This example shows the:
Options
- ANeed to reconsider portfolio selection criteria
- BNeed to revise the portfolio mix
- CImportance of regular reviews by the Portfolio Review Committee
- DNeed to reevaluate the entire portfolio management cycle
How the community answered
(16 responses)- A13% (2)
- B75% (12)
- C6% (1)
- D6% (1)
Explanation
The government shutdown scenario illustrates the need to revise the portfolio mix. The Administrator identified that: some programs must continue (essential), some work and pipeline items are no longer needed (candidates for removal), and resources require reallocation. This is a textbook portfolio mix revision-adjusting which components are active, on hold, or terminated to reflect changed circumstances. While governance reviews (C) are the mechanism that might trigger this, and selection criteria (A) might be refined as a result, the immediate and direct need demonstrated by the scenario is revising the active mix of components in the portfolio.
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