CGEIT · Question #236
An IT investment review board wants to ensure that IT will be able to support business initiatives. Each initiative is comprised of several interrelated IT projects. Which of the following would help
The correct answer is C. Establishment of portfolio management. To ensure that IT initiatives, composed of several interrelated projects, successfully meet their business goals, establishing robust portfolio management is essential.
Question
An IT investment review board wants to ensure that IT will be able to support business initiatives. Each initiative is comprised of several interrelated IT projects. Which of the following would help ensure that the initiatives meet their goals?
Options
- AReview of project management methodology
- BReview of the business case for each initiative
- CEstablishment of portfolio management
- DVerification of initiatives against the architecture
How the community answered
(31 responses)- A3% (1)
- B3% (1)
- C84% (26)
- D10% (3)
Why each option
To ensure that IT initiatives, composed of several interrelated projects, successfully meet their business goals, establishing robust portfolio management is essential.
Reviewing project management methodology focuses on the execution efficiency of individual projects, not the strategic alignment and overall success of a group of interrelated initiatives.
Portfolio management provides the framework for selecting, prioritizing, managing, and monitoring a collection of programs and projects (initiatives) to ensure they collectively achieve strategic business objectives. It helps the IT investment review board align IT investments with enterprise strategy and optimize resource allocation across multiple initiatives.
Concept tested: IT portfolio management, strategic alignment
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