In general, the portfolio construction involves a process, which include some of the following:

I. Size of the portfolio

II$.$ Allocation by risky and risk$-$free assets

III. Determine a means to measure performance

IV$.$ Selection of assets in the risky portfolio

V$.$ Maturities of risk$-$free assets

a$.$ All of them, but not in order.

b$.$ All of them except I.

c$.$ All of them except I and V$.$

d$.$ All of them except V$.$

e$.$ All of them except III and IV$.$