Project Portfolio Management (PPM)

Project Portfolio Management (PPM) is a term used by project managers and project management organizations to describe methods for analyzing and collectively managing a group of current or proposed projects. Each project is based on several key characteristics. The primary objective of the PPM process is to determine the optimal mix and sequencing of proposed projects to best achieve the overall goal. This is typically expressed in terms of economic measures, business strategy goals, or technical strategy goals while honoring constraints imposed by management or external real-world factors. Typical attributes of projects analyzed in a PPM process include each of the following: Total expected cost, consumption of resources (human or otherwise), expected timeline and schedule of investment, expected nature, magnitude, timing of benefits to be realized, and relationship or interdependencies with other projects in the portfolio.

Related terms

Configuration Management
Configuration Management Database (CMDB)
Configuration Management System (CMS)
Information Technology Infrastructure Library (ITIL)
Service desk
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