PMI PfMP Exam - Topic 1 Question 111 Discussion

Question

Your State Governor is fiscally conservative and has limited significantly the financial resources to be provided to each University in the eight Universities in the State's system. Recognizing your University is going to have a 55% reduction in its budget, your Chancellor is re-evaluating all the work that is under way to see how much it can do with fewer resources. Every department will have layoffs at all levels. However, the University does have a portfolio management process in place, which people support. This means for effective portfolio management:

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B) An effective resource assignment process is required

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A) Each portfolio in the University should have the same restrictions in terms of available funding

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C) Pareto analysis should be used to focus attention on those components with the greatest impact

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D) Portfolio maturity should be a factor in determining plans and decisions