In your portfolio some of the programs and projects that are being pursued will realize benefits throughout the program and project's life cycle, while others will not realize the benefits until the p

Question

Options

• APrepare a portfolio benefit realization plan
• BSet up KPIs to document progress in benefit realization
• CInclude portfolio benefits, results, and expected value in the portfolio strategic plan
• DDistribute regular reports on benefit realization as part of the portfolio communications

• A
  3% (1)
• B
  6% (2)
• C
  84% (27)
• D
  6% (2)

Explanation

The correct answer is C - Include portfolio benefits, results, and expected value in the portfolio strategic plan. Because benefits realization timelines vary widely across components, the most appropriate response is to incorporate the expected benefits, results, and value of each component into the portfolio strategic plan. This ensures that decision-makers have a holistic, forward-looking view of when and how value will be delivered. While KPIs, a benefits realization plan, and communications reports are all useful, they are tactical tools. The strategic plan is the overarching document that captures the portfolio's intended outcomes and aligns them to organizational goals.

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