What is a portfolio?
It is a strategic grouping of projects and programs.
Definition
A portfolio refers to the collection of projects, programs, and other work elements that are managed as a group to achieve strategic business objectives.
Prioritization
Projects are reprioritized as business needs change, ensuring that the most valuable work is always addressed.
Transparency
The portfolio management process should be designed to be transparent, with clear visibility into project progress and decision-making.