You are a program manager at a multinational company. The executive team has requested that you prioritize your current programs to better align with the company's strategic objectives of digital transformation and market expansion. Which approach best supports effective portfolio management in this scenario?
Focus on programs with the most stakeholder engagement to ensure their continued support.
Prioritize programs based on their current resource consumption and the ease of completing them quickly.
Select the programs with the highest financial return while considering their alignment with strategic objectives.
Evaluate each program's alignment with strategic objectives and prioritize those that directly support digital transformation and market expansion.
Prioritizing programs based on their alignment with strategic objectives ensures that the portfolio supports key organizational goals. By evaluating each program's contribution to digital transformation and market expansion, resources are allocated to initiatives that drive the company's strategic vision.
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PgMP
Strategic Program Alignment
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