PFMP · Question #208
Who is responsible for guiding the selection, balancing, and termination of portfolio components as well as monitoring portfolio performance metrics?
The correct answer is D. Portfolio manager. The portfolio manager is the professional directly accountable for the end-to-end management of the portfolio, which includes guiding component selection (determining which initiatives enter the portfolio), balancing (optimizing the mix of components given constraints and…
Question
Who is responsible for guiding the selection, balancing, and termination of portfolio components as well as monitoring portfolio performance metrics?
Options
- AChief executive officer
- BPortfolio sponsor
- CComponent manager
- DPortfolio manager
How the community answered
(35 responses)- A3% (1)
- B6% (2)
- D91% (32)
Explanation
The portfolio manager is the professional directly accountable for the end-to-end management of the portfolio, which includes guiding component selection (determining which initiatives enter the portfolio), balancing (optimizing the mix of components given constraints and strategic priorities), termination (deciding when components should be stopped), and performance monitoring (tracking metrics against targets). The CEO (A) sets organizational strategy but does not manage portfolio operations. The portfolio sponsor (B) provides executive support and removes obstacles but does not perform day-to-day portfolio management. The component manager (C) manages individual projects or programs within the portfolio. The portfolio manager holds the integrative, cross-component oversight role described in the question.
Topics
Community Discussion
No community discussion yet for this question.