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PFMP · Question #722

As the portfolio manager in the third largest automotive manufacturer in your country, you have a large number of components especially new vehicles each year but also support for dealers…

The correct answer is D. Equity protection. At the portfolio level, contingency reserve is established to protect the organization's equity - the overall financial value and investment interest held within the portfolio. Unlike project-level risk management (which uses Expected Monetary Value to calculate individual risk…

Question

As the portfolio manager in the third largest automotive manufacturer in your country, you have a large number of components especially new vehicles each year but also support for dealers, advertising, maintaining the brand image, increasing market share plus continuous improvement initiatives. You have contingency reserve to use to prepare to handle any risks that may occur, which is based on:

Options

  • AExpected monetary value
  • BReturn on investment
  • CExpected financial benefits
  • DEquity protection

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    14% (5)
  • C
    9% (3)
  • D
    74% (26)

Explanation

At the portfolio level, contingency reserve is established to protect the organization's equity - the overall financial value and investment interest held within the portfolio. Unlike project-level risk management (which uses Expected Monetary Value to calculate individual risk exposure), portfolio-level contingency reserve is sized to safeguard the portfolio's aggregate financial worth against uncertainty. ROI (B) and expected financial benefits (C) are outputs rather than the basis for sizing reserve. EMV (A), while a valid risk tool, is more applicable at the project or program level than at the portfolio level where equity protection is the governing concern.

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