Final answer:
The portfolio system involves monitoring and adjusting selection criteria to reflect the strategic focus of the organization.
Step-by-step explanation:
The portfolio system involves monitoring and adjusting selection criteria to reflect the strategic focus of the organization. This allows the organization to ensure that the projects and investments in the portfolio align with its strategic goals and objectives.
For example, if an organization's strategic focus is to expand its international presence, it may adjust the selection criteria for projects in the portfolio to prioritize opportunities in foreign markets. This could include criteria such as market potential, international experience, and language skills.
By regularly monitoring and adjusting the selection criteria, the organization can ensure that its portfolio remains aligned with its strategic direction, maximizing the chances of achieving its overall objectives.