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Project portfolio management

Project portfolio management (PPM) is the organized approach to managing a collection of projects within an organization. It involves selecting, prioritizing, and overseeing projects to ensure they align with strategic goals and maximize value. PPM helps businesses allocate resources efficiently, balance risks, and make informed decisions about which projects to pursue or put on hold. By viewing projects as part of a larger portfolio, organizations can optimize their efforts, enhance collaboration, and achieve better overall outcomes while responding to changing circumstances in their operational environment.

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    Project Portfolio Management (PPM) is the process of managing a collection of projects within an organization to achieve its strategic goals. It involves selecting, prioritizing, and overseeing projects to ensure resources are allocated effectively and risks are managed. PPM helps organizations align their projects with business objectives, maximize returns, and ensure that the right projects are pursued at the right time. By regularly reviewing the portfolio, organizations can adapt to changes in the market or internal priorities, ensuring that efforts contribute to overall success and value creation.