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106 · Question #26

Which of the following are 'keys to success' of the organizational governance practice? 1. A shared vision for the portfolio 2. Focus on senior management 3. Business cases and progress are reviewed…

The correct answer is C. 1, 3, 4. Option C is correct because effective organizational governance depends on a shared portfolio vision (1), regular reviews of business cases and progress (3), and a shared understanding of governance structures and processes (4) - these ensure alignment, accountability, and…

Understanding the portfolio management practices

Question

Which of the following are 'keys to success' of the organizational governance practice? 1. A shared vision for the portfolio 2. Focus on senior management 3. Business cases and progress are reviewed regularly 4. Shared understanding of the governance structure and processes

Options

  • A1, 2, 3
  • B1, 2, 4
  • C1, 3, 4
  • D2, 3, 4

How the community answered

(35 responses)
  • A
    6% (2)
  • C
    91% (32)
  • D
    3% (1)

Explanation

Option C is correct because effective organizational governance depends on a shared portfolio vision (1), regular reviews of business cases and progress (3), and a shared understanding of governance structures and processes (4) - these ensure alignment, accountability, and transparency across the organization.

Option 2, "Focus on senior management," is the false distractor: good governance requires broad organizational engagement at multiple levels, not a narrow focus on senior leadership alone. Concentrating only on senior management undermines the inclusivity and shared ownership that governance depends on to function effectively.

Options A, B, and D each include item 2, which disqualifies them - any answer pairing "focus on senior management" with the other valid items produces an incomplete or incorrect picture of governance success.

Memory tip: Think "SVR" - Shared Vision, regular Reviews, and shared understanding of the Structure. If an answer replaces any of these three with "senior management focus," it's wrong, because governance is about the whole organization owning the framework, not just the top.

Topics

#organizational governance#portfolio governance#governance structure#business case review

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