Project Portfolio Management

Definition: Project Portfolio Management is the process of analyzing, prioritizing, planning, managing and executing projects that are part of a project portfolio or program.
Via PPM managers obtain a view into their organization's investments, initiatives and resources to allow decision making, prioritize investments in projects based on various criteria such as benefits, timeframe, cost and risk.
See also strategic portfolio management and investment portfolio management.

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More on program management: Program Management.

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