All of the projects that a group or organization is pursuing. Centralized portfolio management (e.g., by a PI of a research group), involves selecting, prioritizing, and managing projects by considering them as investments of resources that are intended to drive change and produce defined benefits. Effective portfolio management aligns the projects with the group’s overarching strategic goals. It also optimizes the use of limited resources, and makes connections between projects in the portfolio, including by balancing the number of projects of different types (efficiency, sustaining, and transformative) to match the available resources. (Chapter 2, p. 31)*
*Terms defined for the Project Management for Scientists Bootcamp (PMB) include a chapter reference to the course text The Harvard Business Review Project Management Handbook by Antonio Nieto-Rodriguez.
Citation: Center for Scientific Collaboration and Community Engagement. (2026) CSCCE Glossary: Project management. Woodley, Pratt, Martinic, and Santistevan doi: 10.5281/zenodo.15052305
« Back to Glossary Index