Assume you have determined the prioritization criteria your Portfolio Review Board will use, and you have reviewed the criteria with your key stakeholders to attain their buy off and occurrence. The…

The correct answer is C. Enable comparison among components. Prioritization criteria exist specifically to create a common basis for comparing portfolio components that may be very different in nature - a new product launch vs. an IT infrastructure upgrade vs. a compliance initiative. Without shared criteria, comparison is subjective and…

Question

Assume you have determined the prioritization criteria your Portfolio Review Board will use, and you have reviewed the criteria with your key stakeholders to attain their buy off and occurrence. The purpose in establishing these criteria is to:

Options

AEnsure each component in the portfolio is in alignment to strategic goals
BIncorporate the key stakeholders' risk tolerances as a criterion for consideration
CEnable comparison among components
DSet forth measurable goals with KPIs

How the community answered

(30 responses)

A
10% (3)
B
17% (5)
C
70% (21)
D
3% (1)

Explanation

Prioritization criteria exist specifically to create a common basis for comparing portfolio components that may be very different in nature - a new product launch vs. an IT infrastructure upgrade vs. a compliance initiative. Without shared criteria, comparison is subjective and inconsistent. Strategic alignment (A) is a goal of prioritization, not the purpose of establishing criteria. Incorporating stakeholder risk tolerances (B) and setting KPIs (D) may be aspects of broader governance, but they are not the primary purpose of prioritization criteria, which is to level the playing field for objective comparison.

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