Identify the missing word in the definition of portfolio management. A coordinated collection of [ ? ] processes and decisions that together enable the most effective balance of organizational…

Question

Options

• Abusiness
• Bstrategic
• Cprogramme
• Ddelivery

• A
  5% (2)
• B
  91% (39)
• C
  2% (1)
• D
  2% (1)

Explanation

Strategic is the correct answer because portfolio management operates at the highest organizational level, aligning investments and initiatives with long-term organizational goals - it is inherently a strategic function concerned with which changes to pursue, not how to execute them.

Why the distractors are wrong:

• A. Business - too vague and generic; "business processes" doesn't capture the directional, decision-making nature of portfolio management.
• C. Programme - programmes are one output of portfolio decisions, not the processes that define portfolio management itself; this confuses a component with the container.
• D. Delivery - delivery is an operational/execution concern; portfolios decide what gets resourced, not how things get delivered.

Memory tip: Think of the portfolio as the boardroom and strategy as its language. Portfolios answer "Are we doing the right things?" (strategic), while programmes/projects answer "Are we doing things right?" (delivery). If you anchor portfolio management to strategic intent, B will always stand out.

No community discussion yet for this question.