Which statement best describes IT portfolio management and project portfolio management, and why both are needed?

Which statement best describes IT portfolio management and project portfolio management, and why both are needed?

• A. IT portfolio management for budgeting and financial oversight; project portfolio management handles scheduling.
• B. IT portfolio management optimizes the mix of IT assets and capabilities across the enterprise, while project portfolio management selects and coordinates IT projects; both ensure alignment with strategy and optimal resource use.
• C. They are the same discipline.
• D. IT portfolio management focuses on security assets; project portfolio management focuses on infrastructure.

Answer: (B)