Project Portfolio is a collection of Projects or Programs and other works grouped together in order to achieve Strategic Business Goals.
In practice, Project Portfolio Management is significant for organizations where the number of projects carried out exceeds the production capacity of a given enterprise. There is a shortage of resources and it is critical to decide not only how to implement projects, but above all, which projects to start in general and in what order.
For Project Portfolio Management we use the MoP methodology.
Project Portfolio Management ensures proper allocation of the company’s resources to achieve the strategic goals in the most effective way.