Which items should be considered when determining the performance status of the portfolio?

Portfolio performance is measured at the strategic level, meaning the key indicators are whether portfolio components are appropriately prioritized and whether they are delivering value aligned with corporate strategic goals. Priority ensures resources are directed toward the most strategically valuable components, and alignment with corporate targets confirms the portfolio is achieving its intended strategic purpose. These are the distinguishing performance measures of portfolio management versus project or program management.

Return on investment and resource capacity are important considerations at the component level but do not capture the portfolio-level strategic performance status.

Sunk cost and earned value are project management financial metrics that measure cost efficiency at the component level, not portfolio strategic performance.

Planned budget and schedule performance are operational project metrics; while useful inputs, they do not represent the portfolio-level performance indicators tied to strategic objectives.