What is the main function of ‘Portfolio Management’ in Smartsheet?

Prepare for the Smartsheet Project Management Certification Exam. Experience diverse questions with detailed explanations, enhancing your understanding and readiness. Success awaits with effective study guides!

The main function of 'Portfolio Management' in Smartsheet is to manage multiple projects and align them with business objectives. This approach provides a high-level overview of all projects within an organization, allowing project managers and stakeholders to prioritize initiatives based on strategic alignment and resource allocation. By managing the portfolio, organizations can ensure that they are focused on projects that will provide the most value and support overarching business goals.

This function involves evaluating the performance of each project, assessing risks, and making informed decisions about resource distribution across various projects, thereby optimizing organizational effectiveness. The overarching aim is to maintain a balanced portfolio that aligns with the organization's strategy and maximizes return on investment.

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