Which role approves portfolio management practices, including the framework and definition cycle processes?

The correct answer is D. Portfolio Direction Group (PDG). The Portfolio Direction Group (PDG) holds governance authority over the portfolio, which includes approving the overall management framework, policies, and definition cycle processes - it is the senior decision-making body that sets direction and authorizes how the portfolio…

Understanding the roles and responsibilities within portfolio management

Question

Options

APortfolio Progress Group (PPG)
BChief Executive Officer
CProject and Programme Managers
DPortfolio Direction Group (PDG)

How the community answered

(47 responses)

B
2% (1)
C
2% (1)
D
96% (45)

Explanation

The Portfolio Direction Group (PDG) holds governance authority over the portfolio, which includes approving the overall management framework, policies, and definition cycle processes - it is the senior decision-making body that sets direction and authorizes how the portfolio operates.

A (PPG) is wrong because the Portfolio Progress Group monitors and reviews ongoing delivery performance; it reports upward rather than approving foundational practices.
B (CEO) is wrong because while the CEO may sponsor or champion the portfolio at the executive level, approving detailed management practices is delegated to the PDG as the governing body.
C (Project and Programme Managers) is wrong because they are practitioners who follow the approved framework, not the authority that sanctions it.

Memory tip: Think "Direction = Decisions." The PDG directs the portfolio strategy and therefore decides (approves) the rules of the game - including the framework everyone else must follow.

Topics

#Portfolio Direction Group#Portfolio governance#Approval authority#Definition cycle

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