Why do businesses often NOT pursue the best mix of projects in their project portfolio?
A)Projects are selected based on criteria that are not always consistent with the business strategy.
B)Businesses do not use enough financial metrics in selecting projects.
C)Too much emphasis is placed on feasibility.
D)Selection committees neglect to use a portfolio value matrix.

Question

Quizplus · Accepted Answer

Often, projects are selected based on factors such as personal preferences of decision-makers or the availability of resources, rather than what aligns with the overall business strategy. This can lead to a portfolio that doesn't have the best mix of projects for achieving overall business goals.

Why Do Businesses Often NOT Pursue the Best Mix of Projects