Portfolio Management Glossary Definition

Term Portfolio Management
Definition

Portfolio Management is the centralized selection, prioritization, balancing, and oversight of projects, programs, and other work to support strategic objectives.

Context & Usage

It helps organizations decide which investments to start, continue, change, pause, or stop.

PMO leaders, sponsors, and portfolio managers use this concept when coordinating investments, benefits, dependencies, governance, and organizational priorities.

Related concepts include Project Management Office, Program Management, Benefits Realization and Governance.

Categories Enterprise Applications, CRM, and Contact Center Systems