Which term refers to a collection of projects that collectively address a business need?

• A. Project portfolio
• B. Program
• C. Deliverable
• D. Task

Answer: (A)

Understanding this idea helps you see how organizations organize work to meet big goals. A collection of projects that collectively address a business need is managed as a project portfolio. A portfolio isn’t about one specific objective or a single piece of work; it’s about grouping multiple projects (and sometimes programs) and steering them together to maximize value and ensure alignment with strategic goals.

Why this fits best: a portfolio represents the set of initiatives the organization chooses to pursue to realize a business need, prioritizing and funding them across the whole enterprise. In contrast, a program is a group of related projects aimed at a broader outcome, so it’s narrower in scope and focused on related efforts. A deliverable is the actual output produced, and a task is a unit of work within a project—neither captures the idea of a broad collection aimed at strategic goals.