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PMI Exam PfMP 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:

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Suggested Answer: A

Contribute your Thoughts:

Mireya
1 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.
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Nan
17 days ago
A) Determine the overall impact to the portfolio performance
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Rolande
2 months ago
I believe option D is important too, as outsourcing could help us reduce time to market for the new products.
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Raelene
2 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!
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Tom
13 days ago
Agreed, it's important to have the right people in place for a successful launch.
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Gwenn
16 days ago
Definitely, we need to make sure our team is equipped to handle the new products.
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Maryanne
22 days ago
C) Assess the competencies of the existing staff to support these new products
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Tegan
2 months ago
I agree with Lenny, but we also need to consider option C and evaluate the competencies of our staff.
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Lenny
2 months ago
I think we should focus on option A and assess the impact on portfolio performance.
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Viki
2 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.
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Valene
1 months ago
A) Determine the overall impact to the portfolio performance
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Weldon
2 months ago
D) Evaluate whether the new products can be outsourced to reduce time to market
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Stevie
2 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.
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Roselle
16 days ago
D) Evaluate whether the new products can be outsourced to reduce time to market
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Broderick
21 days ago
C) Assess the competencies of the existing staff to support these new products
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Jade
23 days ago
B) Determine investment requirements to move to these markets
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Hyun
24 days ago
A) Determine the overall impact to the portfolio performance
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Ilene
1 months ago
D) Evaluate whether the new products can be outsourced to reduce time to market
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Latosha
2 months ago
C) Assess the competencies of the existing staff to support these new products
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Mirta
2 months ago
B) Determine investment requirements to move to these markets
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Madonna
2 months ago
A) Determine the overall impact to the portfolio performance
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