Final answer:
A portfolio is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
Step-by-step explanation:
A portfolio is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. It is a collection of projects or programs that are managed together to achieve strategic objectives. In business, a portfolio can consist of various projects or initiatives that are aligned with the company's goals and objectives.
A portfolio in project management refers to a collection of related projects that are managed and coordinated in a way that provides benefits and control not available from managing them individually. The projects within a portfolio are often strategically aligned and contribute to the overall objectives of an organization.