Question: Differentiate between a portfolio and a programme of projects. ( Indicate all that are correct. Note that incorrect selections will be penalised. ) A portfolio

Differentiate between a portfolio and a programme of projects. (Indicate all that are correct. Note that incorrect selections will be penalised.)
A portfolio is a collection of programmes and projects grouped to facilitate the management of the work
A portfolio is a group of related projects managed in a coordinated way to obtain benefits
In essence, they are synonyms, and there is no differentiation between the concepts
A programme is a group of related projects managed in a coordinated way to obtain benefits
A programme is a collection of portfolios and projects grouped to facilitate the management of the work

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