This document discusses portfolio management (MoPTM), which is a framework for managing a collection of projects, programs, and initiatives as a group to achieve strategic objectives. MoPTM ensures that initiatives are prioritized based on their contribution to strategy and risk level. It also ensures consistent management of initiatives to efficiently and effectively deliver benefits. MoPTM's principles provide the basis for managing initiatives as a portfolio, including processes for portfolio planning, delivery, risk management, and governance. The benefits of MoPTM include closer alignment of initiatives with strategy, increased benefits realization, reduced costs from stopping non-contributing work, and more availability of resources for high-priority initiatives. Managing initiatives as a coordinated portfolio can reduce