Portfolio Management Professional (PfMP) — Question 47
Your company has a joint venture agreement with another company, but the partner companies’ management has never shown up in any portfolio oversight meetings. That leads to a lot of pending decisions. How do you address this issue?
Answer options
- A. Talk to the management of the partner company to understand communication requirements
- B. Talk to the investor to escalate the communication issue
- C. Find a solution in the portfolio risk management plan
- D. Consult senior executives
Correct answer: C
Explanation
The correct answer is C because the portfolio risk management plan may contain strategies for addressing communication issues and decision-making delays. Options A and B focus on external communication rather than utilizing existing management frameworks, while D suggests seeking help from executives without directly addressing the root cause of the issue.