What Is a Project Portfolio? Definition, Example and How to Manage One

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Summary

This article explains what a project portfolio is and how organizations can manage one effectively. It argues that portfolio management software improves visibility, resource allocation, collaboration, and decision-making across multiple projects and programs. The article uses a construction portfolio example to show how related projects can be grouped under shared strategic goals. It also outlines practical portfolio management steps such as governance, intake, monitoring, risk management, stakeholder communication, and optimization. ProjectManager is presented as the recommended software for managing these portfolios with dashboards, roadmaps, and multiple project views.

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SaaS Project Management Software Work Management Software

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ProjectManager
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