What does a portfolio aim to achieve within an organization?

A portfolio within an organization primarily aims to support a long-term goal or objective of the company by aligning various projects and initiatives with the overall strategic vision. This approach allows an organization to prioritize resources, balance investments, and coordinate efforts across diverse projects to ensure they contribute effectively to achieving the organization's strategic ambitions.

By focusing on long-term objectives, a portfolio management strategy ensures that all projects not only align with the overarching goals of the organization but also provide value in terms of growth, competitive advantage, and overall mission fulfillment. This alignment is crucial in maximizing the return on investment and ensuring that resources are allocated efficiently across projects that drive the organization forward.