Portfolio management can be defined as the selection, prioritisation and control of an organisation's programmes and projects, in line with its strategic objectives and capacity to deliver. It is the art and science of selecting and overseeing a group of investments that meet the long-term financial objectives and risk tolerance of a client, a company, or an institution. A portfolio manager determines a client's appropriate level of risk based on the client's time horizon, risk preferences, return expectations, and market conditions. The goal is to balance the implementation of change initiatives and the maintenance of business as usual, while optimising return on investment. The four key steps for successful portfolio management are: Executive Framing; Data Collection; Modeling and Analysis; and Synthesis and Communication. Planning, execution, and feedback are the there pillars of portfolio management.

Abhijith S

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