Resources allocation and optimization for use is key to a successful portfolio. You have assigned human resources, funds and other required assets to a component that you have initiated recently. What

The correct answer is D. Authorized the component. Before resources (human, financial, or asset) can be formally allocated and assigned to a portfolio component, the component must first be authorized. Authorization is the formal governance approval that gives the green light for work to begin and for resources to be committed. W

Portfolio Governance

Question

Resources allocation and optimization for use is key to a successful portfolio. You have assigned human resources, funds and other required assets to a component that you have initiated recently. What should have been done prior to being able to to that?

Options

AManaged Portfolio Value
BCommunicated the decision to all stakeholders
CPrioritized the component
DAuthorized the component

How the community answered

(24 responses)

A
4% (1)
B
13% (3)
C
4% (1)
D
79% (19)

Explanation

Before resources (human, financial, or asset) can be formally allocated and assigned to a portfolio component, the component must first be authorized. Authorization is the formal governance approval that gives the green light for work to begin and for resources to be committed. Without authorization, a component has no official standing within the portfolio to receive resource assignments. Prioritization (C) happens earlier in the component lifecycle during the 'Optimize Portfolio' process, but allocation specifically requires authorization. Communicating to stakeholders (B) and managing portfolio value (A) are separate processes that do not directly gate resource allocation.

Topics

#Portfolio Authorization#Resource Allocation#Portfolio Governance#Portfolio Process Flow

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