Which of the following is an objective of IT project portfolio management?
Which of the following is an objective of IT project portfolio management?
The primary objective of IT project portfolio management is to ensure that the organization invests in projects that are not only well-founded but also aligned with its strategic goals. This involves selecting investment opportunities that will support and drive the organization's long-term objectives, thereby optimizing resource allocation and maximizing the overall value of the project portfolio.
IT project portfolio management involves selecting and managing a collection of IT projects to achieve strategic business objectives. Therefore, one of its primary objectives is to ensure that the organization invests in projects that are not only sound but also aligned with its overall strategy. By selecting strategically aligned investment opportunities, organizations can optimize resource allocation, prioritize projects effectively, and maximize the value delivered by the portfolio as a whole.