PFMP · Question #64
You're determining various possibilities of resource allocations and the impact on component schedules. You also notice what would happen if human, financial, or equipment funding was increased or…
The correct answer is D. Manage Supply and Demand. Analyzing what-if scenarios for resource allocations and the impact of changing or removing constrained resources is the core activity of the Manage Supply and Demand process.
Question
You're determining various possibilities of resource allocations and the impact on component schedules. You also notice what would happen if human, financial, or equipment funding was increased or decreased or if constrained resources were not available as scheduled. What process are you performing?
Options
- ADevelop Portfolio Performance Management Plan
- BOptimize Portfolio
- CManage Portfolio Value
- DManage Supply and Demand
How the community answered
(24 responses)- A8% (2)
- B4% (1)
- C4% (1)
- D83% (20)
Why each option
Analyzing what-if scenarios for resource allocations and the impact of changing or removing constrained resources is the core activity of the Manage Supply and Demand process.
Develop Portfolio Performance Management Plan focuses on defining how performance will be measured and reported, not on analyzing resource allocation scenarios.
Optimize Portfolio is concerned with evaluating and selecting the right mix of components to align with strategy, not with resource supply and demand modeling.
Manage Portfolio Value focuses on maximizing the realized benefits and value from portfolio components, not on resource scenario analysis.
Manage Supply and Demand is the PMI portfolio management process focused on evaluating resource capacity and capability, performing what-if analysis to understand the effects of increasing, decreasing, or losing human, financial, or equipment resources on component schedules and portfolio delivery.
Concept tested: Manage Supply and Demand process in portfolio resource management
Source: https://www.pmi.org/pmbok-guide-standards/foundational/portfolio-management
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