A program portfolio is a collection of related projects that are managed together to achieve a common set of objectives. The projects in the portfolio are typically interdependent and may share resources, technology, or expertise. They are coordinated and managed as a group to maximize efficiency, minimize duplication of effort, and ensure consistency and alignment with overall strategic objectives.The term "program" refers to a set of related projects that are organized and managed in a coordinated way to achieve a specific set of goals. A program portfolio, therefore, is a group of related programs that are managed together to achieve a broader set of objectives.Using the term "program portfolio" emphasizes the collaborative nature of the projects and highlights the strategic importance of managing them together as a unified group.