Question 17

Explanation

Correct Answer: D. Portfolio management Explanation: Portfolio management is the process of selecting, prioritizing, and managing projects and services to maximize their alignment with business objectives. It involves assessing the demand for projects and services, evaluating available resources, and making strategic decisions on how to allocate those resources effectively. By using portfolio management, an organization can prioritize initiatives based on their strategic value, resource requirements, and expected benefits. In the given scenario, the IT organization assigns equal priority to all initiatives, which creates a risk of delays in securing project funding. By implementing portfolio management practices, the organization can better align project and service demand with available resources. It allows for the evaluation and prioritization of initiatives based on their strategic importance, resource requirements, and potential business benefits. This helps ensure that the most critical projects are adequately supported and funded while minimizing the risk of resource constraints and delays. Options A, B, and C are important aspects of IT governance and management but do not directly address the specific concern of matching project and service demand with available resources. Risk management (option A) focuses on identifying, assessing, and mitigating risks. Change management (option B) deals with managing organizational changes and transitions. Capacity planning (option C) involves assessing and managing resource capacity to meet current and future demands. While these are relevant considerations, they are not as directly applicable to the scenario as portfolio management. Therefore, the correct answer is D. Portfolio management, as it provides the most helpful approach for matching project and service demand with available resources in a way that supports business objectives.