Your textbook presents portfolio management in the context of projects. The author of Ch. 1 states that project portfolio management, or PPM, enables organizations to "align projects with strategy and...

Your textbook presents portfolio management in the context of projects. The

author of Ch. 1 states that project portfolio management, or PPM, enables organizations to "align projects with strategy and to ensure adequate resourcing for projects."  What exactly is project portfolio management, and how does it accomplish these important goals? Share specific examples to illustrate how you see PPM benefiting an organization.