A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a single, convenient location.

True or False?

The statement is: False.

Explanation:

The project portfolio comprehends the group of projects the company has and how they strategically select one over another to meet the company goals. The project management allows the company plan according to the current situation the organization faces and allocates its resources as needed.

The project portfolio is not a storage medium.