Project Portfolio Management (PPM) is the centralized management of processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage a group of current or proposed projects based on numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals ― while honouring constraints imposed by customers, strategic objectives, or external real-world factors.
Different open source and commercial technology software can provide a critical, enabling platform for PPM.
Read more about Project Portfolio Management: The PPM Market, Capability Definition, Key Capabilities, Enterprise Project Portfolio Management, Divergence From PPM, Business Drivers For EPPM, Project Portfolio Optimization
Famous quotes containing the words project and/or management:
“Music is so much a part of their daily lives that if an Indian visits another reservation one of the first questions asked on his return is: “What new songs did you learn?””
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (1822–1893)