PMI Portfolio Management Professional (PfMP) PfMP Question # 64 Topic 7 Discussion

PMI Portfolio Management Professional (PfMP) PfMP Question # 64 Topic 7 Discussion

PfMP Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

Working to manage portfolio value is a continuous task. In doing so, as the portfolio manager, you review the monthly and any ad hoc reports submitted by component managers. This month you saw there was an excellent opportunity for major cost savings in two components in the top five on the portfolio list; however, to realize this cost reduction, these components require resources to be reallocated from other components in progress for six months. These forecasts then:


A.

Should be verified by independent estimators for accuracy


B.

Require validation by the CFO and his staff


C.

Should be accompanied by an analysis of earned value data to ensure the components are using the same method of reporting


D.

Are recommended for consideration by the Portfolio Review Board


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