The role of the portfolio management governing body is to:

Question

Options

• Adecide which programs or projects are funded in order to increase the organization's profit and
• Bensure that the selected projects match the organization's strategy, reduce costs, and benefit
• Cevaluate portfolio performance and make decisions regarding resources, investments, and
• Devaluate components to make decisions regarding resources, investments, and prioritization.

• B
  4% (1)
• C
  89% (25)
• D
  7% (2)

Explanation

The portfolio management governing body operates at the portfolio level, evaluating overall portfolio performance and making high-level decisions about resources, investments, and prioritization across the entire portfolio. Option D is a near-miss but scopes the role too narrowly to individual components rather than the portfolio as a whole. Options A and B introduce value judgments (profit maximization, cost reduction) that are outcomes the governing body considers, but these are not its defining role. The governing body's mandate is strategic oversight and decision-making authority across the portfolio, not pursuit of specific financial metrics.

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