All measurements in a Portfolio are done in correspondence to Key Performance Indicators (KPIs), and defining those KPIs is essential and should be done by highly capable personnel. Which of the…

The correct answer is C. Governance team and Executives. In portfolio governance, Key Performance Indicators (KPIs) are developed by the Governance team because they possess the authority and cross-functional perspective needed to define meaningful performance thresholds across the portfolio. Once drafted, KPIs are presented to and…

Portfolio Governance

Question

All measurements in a Portfolio are done in correspondence to Key Performance Indicators (KPIs), and defining those KPIs is essential and should be done by highly capable personnel. Which of the following is true regarding who prepares KPIs and which party approves them?

Options

APortfolio Management team and Portfolio Manager
BPortfolio Manager and Steering Committee
CGovernance team and Executives
DPortfolio Management Team does both

How the community answered

(34 responses)

A
3% (1)
B
6% (2)
C
91% (31)

Explanation

In portfolio governance, Key Performance Indicators (KPIs) are developed by the Governance team because they possess the authority and cross-functional perspective needed to define meaningful performance thresholds across the portfolio. Once drafted, KPIs are presented to and approved by Executives (senior leadership/steering bodies), who are accountable for organizational strategy and ensure KPIs truly reflect strategic intent. The Portfolio Manager and Portfolio Management Team are responsible for monitoring and reporting against KPIs, not defining and approving them at the governance level.

Topics

#Portfolio Governance#Key Performance Indicators (KPIs)#Roles and Responsibilities#Performance Measurement

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