The portfolio management processes are a set of activities that involve the identification, selection, prioritization, and management of an organization's portfolio of projects, programs, and other initiatives. These processes typically include:

1. Portfolio planning: This involves defining the organization's strategic objectives and identifying potential projects and programs that align with those objectives.

2. Portfolio analysis: This involves evaluating the potential projects and programs in terms of their alignment with the organization's objectives, resource requirements, and other factors.

3. Portfolio selection: This involves choosing the projects and programs that will be included in the portfolio based on their potential value and the organization's capacity to execute them.

4. Portfolio prioritization: This involves ranking the selected projects and programs based on their importance and urgency, and allocating resources accordingly.

5. Portfolio monitoring and control: This involves tracking the progress of the projects and programs in the portfolio, identifying issues and risks, and taking corrective actions as needed.

6. Portfolio optimization: This involves continuously reviewing and adjusting the portfolio to ensure that it remains aligned with the organization's strategic objectives and delivers maximum value.