With respect to IT project portfolio use, 33 per cent of respondents said that the project portfolio is used
for the management and control of on-going projects and to control the allocation of resources across the
projects in their organizations. Another 28 per cent of respondents said that the IT project portfolio is used to
determine whether the projects have produced the expected benefits and to control the project investment life
cycle and ascertain the generated business value. Note that organizations use a variety of portfolios, for
instance, 80 per cent use a service portfolio, 75 per cent use a project portfolio and 50 per cent use an IT
application portfolio.