Describe the relationship between portfolios, programs, projects, and sub-projects.

Learning Goal: I’m working on a management question and need an explanation and answer to help me learn.The Project Management Body of Knowledge published by the Project Management Institute identifies five process groups. Briefly identify and describe each of these five process groups and provide examples of activities that would be performed in each of the process groups. (10 points) Note: If you know about the changes in the 7th edition, you can expand on them here as well (5 bonus points)
Describe the relationship between portfolios, programs, projects, and sub-projects. Research a company online and discuss their portfolios, programs, and projects (and possibly also sub-projects). In your opinion, does this organization of projects allow them to manage their projects more effectively? Why or why not. (10 points)
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