PFMP · Question #91
The material for your portfolio has suddenly become very expensive due to the outbreak of COVID-19. Your company cannot deliver all portfolio components with limited resources. What do you do to…
The correct answer is A. Rebalance the portfolio for value delivery. When resources become constrained, the portfolio manager's primary responsibility is to optimize value delivery - not to escalate or update documents first. Rebalancing the portfolio (A) means reprioritizing and reallocating limited resources across components to maximize…
Question
The material for your portfolio has suddenly become very expensive due to the outbreak of COVID-19. Your company cannot deliver all portfolio components with limited resources. What do you do to address the resource issue?
Options
- ARebalance the portfolio for value delivery
- BWrite a business case to request more resources
- CReport the resource issue and ask for management advice
- DUpdate the portfolio management plan
How the community answered
(43 responses)- A81% (35)
- B12% (5)
- C2% (1)
- D5% (2)
Explanation
When resources become constrained, the portfolio manager's primary responsibility is to optimize value delivery - not to escalate or update documents first. Rebalancing the portfolio (A) means reprioritizing and reallocating limited resources across components to maximize strategic value, which is the core portfolio management response to a resource constraint. Writing a business case (B) or asking management for advice (C) are reactive and secondary steps. Updating the portfolio management plan (D) might follow a rebalancing decision but is not the corrective action itself.
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