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PFMP · Question #728
PFMP Question #728: Real Exam Question with Answer & Explanation
The correct answer is A: Work with your business partner in terms of portfolio management. See the full explanation below for the reasoning.
Question
Assume you are co-owner of a small consulting firm. Previously, you worked as a managing partner in one of the larger consulting firms in your country that had a defined portfolio management process to determine key opportunities to pursue to focus not solely on proposal win ratio but to aggressively emphasize capture ratio. Now in your new company in terms of portfolio management, the best practice to follow is to:
Options
- AWork with your business partner in terms of portfolio management
- BHave your Board of Directors serve as a Portfolio Review Board
- CInvolve your business partner plus the firm's subject matter experts in portfolio decisions
- DSet up an independent group of advisors to meet quarterly as a Portfolio Review Board
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