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:
“... one of art photography’s most vigorous enterprises—[is] concentrating on victims, on the unfortunate—but without the compassionate purpose that such a project is expected to serve.”
—Susan Sontag (b. 1933)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)