An enterprise is evaluating both a virtual reality (VR) project and an augmented reality (AR) project. Which of the following should be the MOST important objective when evaluating these two projects

IT portfolio management focuses on selecting, prioritizing, and managing a collection of IT projects to achieve the enterprise's strategic objectives and maximize the return on IT investments. Maximizing earned value ensures that the resources allocated to VR and AR projects are effectively utilized to deliver the expected business benefits and value, directly contributing to organizational goals.

While determining which projects to discontinue can be an outcome of portfolio management, it is a reactive measure; the primary objective is proactive value maximization rather than merely cutting underperforming projects.

Implementing efficient and effective solutions is an objective of *project execution* and *delivery*, not the overarching goal of *portfolio management*, which evaluates the strategic fit and value of multiple projects.

Reducing project risk exposure is an important aspect of project management and portfolio risk management, but the ultimate goal of IT portfolio management is to optimize the *value* or *earned value* generated by the entire portfolio, not solely risk reduction.