If new projects must be added to a portfolio as a result of new industry regulations, the portfolio manager should seek approval from the:

Question

Options

• Aportfolio governance board.
• Bportfolio's executive sponsor.
• Cnew project team members.
• Denterprise project management office.

• A
  90% (45)
• B
  2% (1)
• C
  2% (1)
• D
  6% (3)

Explanation

The portfolio governance board holds the authority to make decisions about which components are added to, removed from, or changed within the portfolio. When external factors like regulatory requirements mandate new projects, this is a portfolio-level strategic decision that requires formal governance approval. The executive sponsor (B) is a single individual without the collective decision-making authority of the board. New project team members (C) have no role in portfolio-level decisions. The EPMO (D) provides standards and support but does not govern portfolio component selection.

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