PMI PfMP Exam - Topic 5 Question 86 Discussion

Actual exam question for PMI's PfMP exam

Question #: 86
Topic #: 5

[All PfMP Questions]

Your CEO was fired because of a decline in the company's profits by the Board of Directors. They have now hired a new CEO, who plans to re-shape the portfolio and has changed the company's strategic goals and objectives. The new CEO will continue the existing product line of soap products that the company has manufactured for the past 50 years but now will manufacture new products to focus on the baby boomer generation as they retire but desire to maintain a youthful appearance. It also will offer other products to new high school and college graduates who want to appear older. As the portfolio manager you should:

ADetermine the overall impact to the portfolio performance

BDetermine investment requirements to move to these markets

CAssess the competencies of the existing staff to support these new products

DEvaluate whether the new products can be outsourced to reduce time to market

Show Suggested Answer

Suggested Answer: A

by Daniel at Apr 05, 2025, 03:33 AM

Limited Time Offer

25%

Off

Get Premium PfMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Ashleigh

2 months ago

Outsourcing could really speed things up, I agree!

upvoted 0 times

...

Reiko

2 months ago

New products for grads? Not sure if that’ll work…

upvoted 0 times

...

Raylene

2 months ago

50 years of soap? That's impressive!

upvoted 0 times

...

Justine

3 months ago

I think they should focus more on the younger crowd, honestly.

upvoted 0 times

...

Hyun

3 months ago

Sounds like a solid plan to target baby boomers!

upvoted 0 times

...

Kip

3 months ago

Outsourcing could really help with time to market, but I wonder if we should focus more on internal capabilities first.

upvoted 0 times

...

Melissa

3 months ago

I feel like we practiced a similar question about evaluating staff competencies, but I'm unsure if that's the priority right now.

upvoted 0 times

...

Marlon

4 months ago

I think determining investment requirements is important, especially since we're targeting new markets. It seems like a logical next step.

upvoted 0 times

...

Youlanda

4 months ago

I remember we discussed how assessing the overall impact on portfolio performance is crucial, but I'm not sure if that's the first step here.

upvoted 0 times

...

Deeanna

4 months ago

I feel pretty confident about this one. The question is laying out all the key considerations - portfolio performance, investment needs, staff capabilities, outsourcing. I'll methodically work through each of those to come up with the best approach.

upvoted 0 times

...

Rocco

4 months ago

This is a tricky one. I'm not sure where to start - there are so many moving pieces. I guess I'll focus on the portfolio impact first, then dig into the other factors. Gotta make sure I cover all the bases here.

upvoted 0 times

...

Queen

4 months ago

Okay, this is a good one. I think the key is to take a holistic view and evaluate all the options. Determining the impact on portfolio performance is crucial, but I also need to look at the investment needs and whether the staff can support the new products. Outsourcing could be an interesting option too.

upvoted 0 times

...

Emmanuel

5 months ago

Hmm, I'm a little unsure about this one. There are a lot of factors to consider - the new CEO's strategy, the existing product line, the target markets, outsourcing options. I'll need to really think through the implications for the portfolio.

upvoted 0 times

...

Shoshana

5 months ago

This seems like a pretty straightforward portfolio management question. I'd start by looking at the overall impact on the portfolio performance, since that's the first option. Then I'd assess the investment requirements and competencies of the staff to support the new products.

upvoted 0 times

...

Mireya

9 months ago

This is a classic case of 'the more you change, the more you stay the same.' 50 years of soap and now they want to target boomers and teens? Sounds like a recipe for disaster to me.

upvoted 0 times

Marge

8 months ago

C) Assess the competencies of the existing staff to support these new products

upvoted 0 times

...

Rikki

8 months ago

B) Determine investment requirements to move to these markets

upvoted 0 times

...

Nan

9 months ago

A) Determine the overall impact to the portfolio performance

upvoted 0 times

...

Rolande

10 months ago

I believe option D is important too, as outsourcing could help us reduce time to market for the new products.

upvoted 0 times

...

Raelene

10 months ago

I'd go with C. Assessing the existing staff skills is critical. Can't launch new products without the right team in place. And don't forget the HR implications of all these changes!

upvoted 0 times

Tom

9 months ago

Agreed, it's important to have the right people in place for a successful launch.

upvoted 0 times

...

Gwenn

9 months ago

Definitely, we need to make sure our team is equipped to handle the new products.

upvoted 0 times

...

Maryanne

9 months ago

C) Assess the competencies of the existing staff to support these new products

upvoted 0 times

...

Tegan

10 months ago

I agree with Lenny, but we also need to consider option C and evaluate the competencies of our staff.

upvoted 0 times

...

Lenny

10 months ago

I think we should focus on option A and assess the impact on portfolio performance.

upvoted 0 times

...

Viki

11 months ago

Definitely D. Outsourcing the new products is the way to go - get them to market quickly and focus on the core portfolio. The CEO is probably eager to show results, so time to market is crucial.

upvoted 0 times

Valene

10 months ago

A) Determine the overall impact to the portfolio performance

upvoted 0 times

...

Weldon

10 months ago

D) Evaluate whether the new products can be outsourced to reduce time to market

upvoted 0 times

...

Stevie

11 months ago

With the CEO change and new strategic goals, I think the portfolio manager should evaluate all aspects of the impact, including investment requirements, staff competencies, and outsourcing options. A holistic approach is key here.

upvoted 0 times