What Makes Up a Company's Portfolio?

CF.

A company's portfolio is a collection of projects, programs, and other efforts that are grouped together for the purpose of achieving specific business objectives. In this context, a portfolio represents the sum total of all the work that a company has undertaken or plans to undertake in the future.

Two components of a company's portfolio are as follows:

1. Projects: A project is a temporary endeavor that is designed to produce a unique product, service, or result. Projects have defined start and end dates, and they are undertaken to achieve specific objectives within a set of constraints. A company's portfolio is likely to include multiple projects, each of which contributes to the overall strategic goals of the organization.

2. Programs: A program is a collection of related projects that are managed together to achieve a common goal. Programs are often used to coordinate the efforts of multiple teams or departments within an organization. Programs may also involve ongoing operations, such as maintenance or support activities.

While people, procedures, processes, and profit are all important components of a company's operations, they are not necessarily part of the company's portfolio. People and procedures are typically associated with the company's organizational structure and business operations, while processes are the methods and workflows used to accomplish tasks. Profit is a financial metric that reflects the success of the company's business operations. While the company's portfolio may impact its overall profitability, profit is not a component of the portfolio itself.