Portfolio management is a term used by project management professionals to describe methods for analyzing and COLLECTIVELY MANAGING a group of current or proposed projects based on numerous key characteristics. The fundamental OBJECTIVE is to determine the optimal mix and sequencing of proposed projects to best achieve the organisation's overall goals - typically expressed in terms of hard economic measures, business strategy goals, or technical strategy goals - while honouring constraints imposed by management or external real-world factors.

Typical attributes of projects being analyzed include each project's TOTAL EXPECTED cost, consumption of scarce resources (human or otherwise), expected timeline and schedule of investment, the expected nature, magnitude and timing of benefits to be realised, and relationship or inter-dependencies with other projects in the portfolio.

Portfolio management is a term used by project management professionals to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics. The fundamental objective is to determine the optimal mix and sequencing of proposed projects to best achieve the organisation's overall goals - typically expressed in terms of hard economic measures, business strategy goals, or technical strategy goals - while honouring constraints imposed by management or external real-world factors.

Typical attributes of projects being analyzed include each project's total expected cost, consumption of scarce resources (human or otherwise), expected timeline and schedule of investment, the expected nature, magnitude and timing of benefits to be realised, and relationship or inter-dependencies with other projects in the portfolio.