Many companies do not lack projects; rather, they lack clarity about which of them actually create value. A lack of transparency, inconsistent prioritization, and decentralized decision-making result in budgets and resources being tied up in projects that contribute only marginally to the strategy. At the same time, there is a lack of reliable data for investment decisions, capacity planning, and risk assessment. The result: the project portfolio grows, complexity increases, and management remains reactive. We provide the transparency, governance, and decision-making foundations that enable organizations to strategically align, effectively prioritize, and actively manage their project portfolios.