PfMP Portfolio Performance Management Practice Question
A portfolio manager sees that a project is over-budget, but it is delivering critical strategic value. What should they do?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Allow the budget overrun if the strategic value justifies it and impact is managed.
The manager must assess the trade-off and, if justified, approve the budget increase while noting the impact on other projects.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Allow the budget overrun if the strategic value justifies it and impact is managed.
Why this is correct
Strategic value sometimes necessitates budget adjustments if authorized.
- ✗
Ignore the budget overrun because the project is important.
Why it's wrong here
All overruns must be accounted for and managed.
- ✗
Demand the project team cuts scope to match the budget.
Why it's wrong here
This might jeopardize the strategic value.
- ✗
Stop the project immediately to save the budget.
Why it's wrong here
This sacrifices critical value.
About these practice questions
This PfMP question is part of Courseiva's 199-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed August 2026 · checked against the official PMI exam blueprint
This PfMP practice question is part of Courseiva's free PMI certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PfMP exam.