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project portfolio vs project collection

Both 'project portfolio' and 'project collection' are correct phrases, but they are used in different contexts. 'Project portfolio' refers to a strategic collection of projects managed by an organization, while 'project collection' could refer to a group of projects without the strategic connotation.

Last updated: March 22, 2024

project portfolio

This phrase is correct and commonly used in the context of project management to refer to a strategic collection of projects.

Use 'project portfolio' when referring to a strategic collection of projects managed by an organization. It implies a selection of projects that align with the organization's goals and objectives.

Examples:

  • The company's project portfolio includes initiatives in technology, marketing, and sustainability.
  • Managing a diverse project portfolio requires effective prioritization and resource allocation.

Alternatives:

  • portfolio of projects
  • project lineup
  • project mix
  • project assortment
  • project array

project collection

This phrase is correct but is less commonly used in the context of project management. It could refer to a group of projects without the strategic connotation associated with a 'project portfolio'.

Use 'project collection' when referring to a group of projects without the strategic alignment or management context. It may simply denote a gathering of projects without implying a specific selection or strategic focus.

Examples:

  • The department has a project collection that includes various small-scale initiatives.
  • The project collection for this quarter consists of maintenance tasks and minor upgrades.

Alternatives:

  • collection of projects
  • group of projects
  • set of projects
  • array of projects
  • assortment of projects

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