A.Run the business, change the business

B.Change the business, run the portfolio

C.Change the business, change the portfolio

D.Run the business, run the portfolio

A.Clarifies responsibility and accountability for making decisions on which programmes and projects will be funded

B.Provides a means by which the link between strategy and resource allocation can be maintained

C.Ensures that the organization's change initiatives represent the optimal allocation of limited resources

D.Controls the major changes to business as usual

A.In a stable marketplace and where strategy is emergent

B.In a stable marketplace where strategy is formulated top-down

C.In a less stable marketplace where strategy is emergent

D.In a less stable marketplace where strategy is formulated top-down

A.Preparation of a Portfolio Management Framework

B.Implementation of an effective escalation path to the relevant portfolio governance body

C.Adoption of the champion-challenger' model

D.Introduction of a summary investment appraisal template

A.Consideration of financial liabilities arising from performance and guarantee bonds

B.Sub-portfolios are periodically reviewed

C.Categorization of benefits as cashable and non-cashable

D.Application of staged release funding linked to stage/phase gates