Which is a benefit of assessing the impact of portfolio management?

Question

Options

• AMore of the 'right' programmes and projects being undertaken
• BIt can help demonstrate a compelling case for investment in portfolio management
• CThe portfolio governance body comes to a collective decision on the composition of the portfolio
• DMore informed decisions concerning the initiation and scheduling of initiatives

• B
  95% (18)
• C
  5% (1)

Explanation

Assessing the impact of portfolio management is specifically an evaluative activity - it measures how well portfolio management is working - and the primary use of that evidence is to justify and secure ongoing investment in the portfolio management function itself (B). This is a meta-level benefit: the assessment produces the proof-of-value needed to make a compelling business case to stakeholders who control funding and support.

Options A and D describe benefits of portfolio management itself (better project selection and better scheduling decisions), not of the specific act of measuring its impact - a common trap in these questions. Option C describes a governance process (collective decision-making on portfolio composition), which is an activity of portfolio management, not a benefit of impact assessment.

Memory tip: Tie "assessing impact" to "proving ROI." Whenever you assess something's impact, the core payoff is the ability to justify its existence - so the answer will almost always point to building a business case or securing investment.

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