Project Portfolio Management (PPM)

Project Portfolio Management (PPM) is a strategic management process used by organisations to manage and analyse project portfolios in a way that maximises overall performance and benefits. A PPM involves the centralised management of one or more project portfolios to achieve specific organisational objectives include determination of the project objectives and goals to match the organisation’s overall interests, such as maximal profitability and contribute to its success. The Project Portfolio Management (PPM) supports the fundamentals of project management by offering a clear path to prioritisation that allows Project Managers to create the strategic objectives and optimise resource utilisation.

Related Definitions in the Project: The Project Management