Final answer:
Governance of project management processes does not typically include a metric to measure improvement of managing projects relative to others in the industry, which is a function of benchmarking rather than internal governance.
Step-by-step explanation:
Governance of all project management processes and procedures is aimed at providing senior management with a framework for overseeing the effectiveness and strategic alignment of projects. However, one of the options mentioned does not typically result from project management governance. Specifically, governance does not provide a metric to measure the improvement of managing projects relative to others in the industry, as this relates to benchmarking against industry standards which is outside the direct scope of internal governance mechanisms.
- A method to ensure projects that are important to senior management are being implemented
- An assessment of the risk their portfolio of projects represents
- An overview of all project management activities
- A metric to measure the improvement of managing projects relative to others in the industry (This is the answer to the question, as it is NOT provided by project management governance)
- A big picture of how organizational resources are being used