Embracing a management-by-projects culture means there tends to be far more projects to pursue than available resources. An approach then is required to guide decisions as to components in the…

Question

Options

• ASet forth in the portfolio strategic plan a prioritization model
• BDevelop a portfolio roadmap
• CFocus on both internal and external environmental changes
• DFocus on sustainment of project benefits

• A
  73% (27)
• B
  16% (6)
• C
  8% (3)
• D
  3% (1)

Explanation

In a management-by-projects culture where demand for components far exceeds resources, the organization needs a systematic, objective way to choose what to fund. The best practice is to define and document a prioritization model within the portfolio strategic plan. This model provides consistent, strategy-aligned criteria for comparing, ranking, and selecting components-removing subjectivity and political bias from resource allocation decisions. Choice B (portfolio roadmap) shows timing and sequencing but does not itself guide selection decisions. Choice C (environmental scanning) is an input into strategy, not a prioritization mechanism. Choice D (benefits sustainment) is important for governance but does not address the challenge of selecting among competing new proposals. A formal prioritization model is the direct best-practice answer to too many candidates and too few resources.

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