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106 · Question #86

Which is a 'key to success' of the senior management commitment principle?

The correct answer is C. Accountabilities for members of management boards will be defined by the Portfolio Office. Option C is correct because a key success factor for senior management commitment is ensuring that clear accountabilities are formally defined for management board members - and the Portfolio Office is the appropriate body to define and document these, embedding responsibility…

Understanding the principles upon which effective portfolio management is based

Question

Which is a 'key to success' of the senior management commitment principle?

Options

  • AAt least half of the management board must champion the implementation of portfolio
  • BThe Portfolio Strategy includes a compelling vision for the portfolio
  • CAccountabilities for members of management boards will be defined by the Portfolio Office
  • DSenior managers' personal objectives are independent of the success of changes within the

How the community answered

(37 responses)
  • B
    5% (2)
  • C
    92% (34)
  • D
    3% (1)

Explanation

Option C is correct because a key success factor for senior management commitment is ensuring that clear accountabilities are formally defined for management board members - and the Portfolio Office is the appropriate body to define and document these, embedding responsibility into governance structures rather than leaving it informal or assumed.

Why the distractors are wrong:

  • A is incorrect because the principle requires all senior management to be committed champions, not merely a majority - "at least half" sets too low a bar and undermines genuine commitment.
  • B is incorrect because a compelling portfolio vision relates more to strategic alignment as a separate principle, not specifically to senior management commitment.
  • D is the reverse of what is required - senior managers' objectives should be directly tied to portfolio success, not independent of it; misaligned personal objectives undermine commitment entirely.

Memory tip: Think of it as "Clear Countability from the Centre" - the Portfolio Office sits at the centre of governance and must codify who owns what, turning commitment from a vague expectation into a defined obligation.

Topics

#Senior Management Commitment#Portfolio Office#Accountabilities#Governance

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