Establishing a portfolio management process starts with the development of the organizational portfolio management implementation plan. Which of the following helps while developing this plan?

Question

Options

• AA proficient management team commitment to the effort
• BAll of the options
• CA planned approach to change organizational behavior that includes a balance of strong
• DA planned approach for incrementally developing and implementing portfolio management

• A
  3% (1)
• B
  90% (27)
• C
  3% (1)
• D
  3% (1)

Explanation

Developing an organizational portfolio management implementation plan is a comprehensive undertaking requiring multiple inputs and conditions. A proficient management team committed to the effort (A) provides leadership buy-in. A planned approach to changing organizational behavior with a balance of strong governance (C) addresses the cultural and process side of change. A planned approach for incrementally developing and implementing portfolio management (D) ensures a manageable rollout. All three elements are interdependent and necessary for successful implementation, making B (All of the options) the correct answer.

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