What is a Portfolio?
Each organisation will have their own way of defining portfolios, or programs.
Portfolio Manager assumes that a portfolio of projects is a group that is usually reviewed together. Probably because they all impact the same area of the business, or they have senior stakeholders in common. Each portfolio is likely to have a single portfolio or program manager with overall responsibility for completion of the projects included in it.
And because these projects are all working in the same business area, they are probably impacting the same or adjacent components or processes. Which means that the projects need to work together to avoid clashes or duplication. When projects are working in the same model using Portfolio Manager, then we can use the information to provide insights to Portfolio/Program reviews.
How do you create a Portfolio? Just create a new package in your model called “My Portfolio Name” and give it the stereotype <<Portfolio>>. That’s it.