QuestionQ75

VerifiedGovernance of Enterprise IT

Senior management determines that too many projects are currently in progress, and all are incurring costly overruns because of insufficient resources. Many projects also seem to overlap in their objectives and anticipated outcomes.

Which of the following would BEST streamline the evaluation and selection of funding priorities?

Explanation

Portfolio management provides a centralized approach for evaluating, prioritizing, funding, and balancing projects as a group. It helps align investments to organizational objectives, identify duplicate initiatives, and allocate constrained resources across the highest-priority work.

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