Project Portfolio Analysis involves analysing and prioritising projects based on their strategic value, risk, financial impact, and resource requirements. Its main function is to ensure that the organisation’s projects are aligned with its strategic objectives. The aim is to maximise the overall value of the portfolio whilst minimising risk by correctly identifying project and portfolio priorities. This requires an assessment of the performance and status of each project, identifying poor or low-value projects, and re-allocating resources to optimise the overall return of the portfolio.