You want to ensure that the Portfolio Review Board is able to make key decisions at each meeting. As the portfolio manager, you and your staff are responsible for scheduling the meetings, providing…

Question

Options

• AEvaluate if the benefits of the portfolio are aligned with organizational strategy
• BProvide information about the status of each component of the portfolio
• CUse a balanced scorecard approach to show contribution to strategy
• DProvide a 'traffic light' approach to show components by category

• A
  85% (51)
• B
  8% (5)
• C
  2% (1)
• D
  5% (3)

Explanation

Before each Portfolio Review Board meeting, the most important best practice is to evaluate whether the portfolio's benefits remain aligned with the organizational strategy. Portfolio management's primary purpose is strategic alignment, and meetings are governance touchpoints to verify that the portfolio is still delivering the right value in the right direction. Options B (status of each component), C (balanced scorecard), and D (traffic light by category) are all reporting mechanisms that may be presented during the meeting - but they are tools, not the foundational pre-meeting evaluation. Confirming strategic alignment before the meeting ensures that the agenda, decisions, and discussions are anchored to organizational purpose rather than just operational status.

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