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PMI Portfolio Management Professional PfMP Question # 131 Topic 14 Discussion

PfMP Exam Topic 14 Question 131 Discussion:
Question #: 131
Topic #: 14

Obviously resources are more than people and include physical resources and those at the organizational level, such as the knowledge management system, helpful in portfolio management in terms of competitive intelligence. However, since most organizations operate with scarce resources, it is necessary to apply these scarce resources to support the highest ranked items in the portfolio and not to fund a proposed component unless resources are available to support it. Therefore, it is useful to determine at a collective level whether or not resources will create value greater than the cost of creating it. A portfolio report can focus on:


A.

Allocation of resources according to a Responsible, Accountable, Consulted, Inform (RACI) chart


B.

The need for drum resources and buffers to plan for their use at key times


C.

Capability and capacity


D.

Costs to acquire resources with needed knowledge, skills, and competencies


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