PFMP · Question #151
A portfolio steering committee is meeting to review the prioritization of new components. The return on investment (ROI) has been completed for each component. Which action should the committee take…
The correct answer is D. Confirm the components'alignment with organizational goals and objectives. The steering committee's primary function in portfolio prioritization is ensuring strategic alignment. Since ROI analysis has already been completed, the next most impactful action is confirming that components align with the organization's goals and objectives. Strategic…
Question
A portfolio steering committee is meeting to review the prioritization of new components. The return on investment (ROI) has been completed for each component. Which action should the committee take to influence the component prioritization?
Options
- AEvaluate the risks associated with each component's implementation
- BAssess the accuracy of the components'financial assumptions
- CIdentify the components with insufficient organizational resources
- DConfirm the components'alignment with organizational goals and objectives
How the community answered
(34 responses)- A9% (3)
- B15% (5)
- C3% (1)
- D74% (25)
Explanation
The steering committee's primary function in portfolio prioritization is ensuring strategic alignment. Since ROI analysis has already been completed, the next most impactful action is confirming that components align with the organization's goals and objectives. Strategic alignment is the foundational criterion for portfolio component inclusion - a high ROI component that doesn't support organizational strategy should not be prioritized. Risk evaluation (A), financial assumption accuracy (B), and resource availability (C) are secondary concerns that come after strategic alignment is confirmed.
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