Working to manage portfolio value is a continuous task.

Vendor: PMI
Product: PfMP
Update on: Jul 30, 2025
Questions: 495

PMI PfMP Question Answer

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:

Should be verified by independent estimators for accuracy

Require validation by the CFO and his staff

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

Are recommended for consideration by the Portfolio Review Board