How does Portfolio Management contribute to return on investment?

Portfolio Management plays a crucial role in maximizing return on investment by ensuring fiscal oversight and resource management. This practice involves the systematic identification, prioritization, and management of an organization's projects and initiatives to align with strategic objectives. By maintaining oversight, Portfolio Management can allocate resources efficiently, ensuring that investments are directed towards the most valuable projects that align with the organization's goals.

Effective resource management means that the organization can optimize its use of financial, human, and technological resources, reducing waste and enhancing productivity. This alignment not only protects the organization's investment but also supports the achievement of the desired outcomes, ensuring that each project contributes positively to the overall financial health of the organization.

In contrast, other options do not comprehensively encapsulate how Portfolio Management drives return on investment. Eliminating unnecessary costs can be a part of the process, but it does not fully reflect the broader scope of ensuring effective resource utilization. Increasing prices for services or products may provide a short-term boost to revenue but can undermine customer relationships and market position if not managed carefully. Focusing solely on customer satisfaction may enhance user experience but does not directly correlate with ensuring that resources and investments are managed effectively to maximize return. Therefore, ensuring fiscal oversight and resource management is the most accurate contribution of Portfolio Management to achieving a