The Most Important Objective of IT Program Portfolio Management
Question
Which of the following is the MOST important objective of IT program portfolio management?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.D.
https://www.northeastern.edu/graduate/blog/project-management-vs-portfolio-management-vs-program-management/The MOST important objective of IT program portfolio management is D. Appropriate investment mix.
IT program portfolio management is the process of managing an organization's entire set of IT programs and projects to achieve specific business goals and objectives. It involves the selection, prioritization, and control of programs and projects, ensuring they align with the organization's strategy and objectives.
The objective of IT program portfolio management is to ensure that the organization invests its IT resources in the right programs and projects to achieve the desired business outcomes. This requires evaluating the organization's entire IT portfolio, including all programs, projects, and initiatives, and determining which ones are most critical to the organization's success.
Reduced technology costs and reduced project management costs are important objectives of IT program portfolio management, but they are not the MOST important. While reducing costs is always a consideration, the ultimate goal of IT program portfolio management is to ensure that the organization invests in the right programs and projects to achieve its strategic goals.
Improved IT service delivery is also an important objective of IT program portfolio management, but it is not the MOST important. Improved IT service delivery is a result of investing in the right programs and projects that align with the organization's strategy and objectives.
In summary, the MOST important objective of IT program portfolio management is to ensure an appropriate investment mix in IT programs and projects to achieve the organization's strategic goals and objectives.
